In addition to such other rules, regulations, and policies as the department may promulgate to effectuate the purposes of this article, the department shall promulgate regulations governing the disclosure required to be made to applicants for mortgage loans, including, without limitation, the following requirements:
The department may prescribe standards regarding the accuracy of required disclosures and may provide for applicable administrative or civil penalties or fines for failure to provide the disclosures or to meet the prescribed standards.
History. Code 1981, § 7-1-1014 , enacted by Ga. L. 1993, p. 543, § 1; Ga. L. 1994, p. 570, § 10; Ga. L. 2001, p. 970, § 16; Ga. L. 2009, p. 252, § 1/HB 312.
Structure Georgia Code
Chapter 1 - Financial Institutions
Article 13 - Licensing of Mortgage Lenders and Mortgage Brokers
§ 7-1-1003. Applications for Licenses
§ 7-1-1003.2. Financial Requirements for Licensing and Registration; Bond Requirements
§ 7-1-1003.3. Application for Registration
§ 7-1-1003.5. Nationwide Multistate Licensing System and Registry
§ 7-1-1003.6. Privileged or Confidential Nature of Information; Exception
§ 7-1-1004.1. Reports of Condition
§ 7-1-1004.2. Licensees’ Ability to Challenge Information
§ 7-1-1005. Renewal of Licenses and Registrations; Expiration
§ 7-1-1010. Annual Financial Statements
§ 7-1-1012. Rules and Regulations
§ 7-1-1013. Prohibition of Certain Acts
§ 7-1-1014. Regulations Governing Disclosure Required to Applicants for Mortgage Loans
§ 7-1-1015. Rules Relative to Escrow Accounts
§ 7-1-1016. Regulations Relative to Advertising
§ 7-1-1018. Cease and Desist Orders; Enforcement Procedure; Civil Penalty; Fines
§ 7-1-1019. Criminal Penalties
§ 7-1-1021. Regulations Governing Lock-in and Commitment Agreements