Iowa Code 535D.23 – Reports of condition required — exceptions
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Iowa Code 535D.23
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
535D.23 Reports of condition required — exceptions.
Each mortgage loan originator licensee shall submit reports of condition to the nationwide mortgage licensing system and registry unless the mortgage loan originator’s activity is included in a report submitted by the mortgage loan originator’s employer in accordance with § 535B.11, subsection 3, § 535B.18, or § 536A.14, subsection 2. The reports shall be in such form and shall contain such information as the nationwide mortgage licensing system and registry may require.
2011 Acts, ch 102, §9
Each mortgage loan originator licensee shall submit reports of condition to the nationwide mortgage licensing system and registry unless the mortgage loan originator’s activity is included in a report submitted by the mortgage loan originator’s employer in accordance with § 535B.11, subsection 3, § 535B.18, or § 536A.14, subsection 2. The reports shall be in such form and shall contain such information as the nationwide mortgage licensing system and registry may require.
2011 Acts, ch 102, §9