The supervisor shall establish a process whereby mortgage loan originators may challenge information entered into the Nationwide Mortgage Licensing System and Registry.
Structure Code of Alabama
Title 5 - Banks and Financial Institutions.
Chapter 26 - Alabama Secure and Fair Enforcement for Mortgage Licensing Act of 2009.
Section 5-26-2 - Legislative Findings.
Section 5-26-4 - License and Registration Required.
Section 5-26-5 - State License and Registration Application and Issuance.
Section 5-26-6 - Issuance of License.
Section 5-26-7 - Pre-Licensing Education of Loan Originators.
Section 5-26-8 - Testing of Loan Originators.
Section 5-26-9 - Standards for License Renewal.
Section 5-26-10 - Continuing Education for Mortgage Loan Originators.
Section 5-26-11 - Authority to Require License.
Section 5-26-12 - Nationwide Mortgage Licensing System and Registry Information Challenge Process.
Section 5-26-13 - Enforcement Authorities, Violations, and Penalties.
Section 5-26-14 - Surety Bond Required.
Section 5-26-15 - Confidentiality.
Section 5-26-16 - Investigation and Examination Authority.
Section 5-26-17 - Prohibited Acts and Practices.
Section 5-26-18 - Mortgage Call Reports.
Section 5-26-19 - Report to Nationwide Mortgage Licensing System and Registry.