Massachusetts General Laws
Chapter 255f - Licensing of Mortgage Loan Originators
Section 19 - Rules and Regulations

Section 19. The commissioner may adopt, amend or repeal rules and regulations which may include an adequate net worth requirement for mortgage loan originators to aid in the administration and enforcement of this chapter.

Structure Massachusetts General Laws

Massachusetts General Laws

Part III - Courts, Judicial Officers and Proceedings in Civil Cases

Title IV - Certain Writs and Proceedings in Special Cases

Chapter 255f - Licensing of Mortgage Loan Originators

Section 1 - Definitions

Section 2 - License or Exemption Required; Registration With Nationwide Mortgage Licensing System and Registry

Section 3 - Application for License; Furnishing of Information to Nationwide Mortgage Licensing System and Registry; Waiver or Modification of Requirements of Chapter

Section 4 - Issuance of License; Maintenance of License by Employing Entity; Return of License Upon Termination of Employment

Section 5 - Pre-Licensing Education

Section 6 - Qualified Written Examination

Section 7 - Renewal, Expiration and Reinstatement of Licenses

Section 8 - Continuing Education

Section 9 - Participation in Nationwide Mortgage Licensing System and Registry; Establishment of Regulations Relating to Background Checks, Application and Renewal Fees, Renewal and Reporting Dates and Amendment or Surrender of License

Section 10 - Challenge to Information Entered Into Nationwide Mortgage Licensing System and Registry

Section 11 - Administration and Enforcement of Chapter

Section 12 - Surety Bonds

Section 13 - Privacy and Confidentiality of Information Provided to Nationwide Mortgage Licensing System and Registry; Sharing Agreements

Section 14 - Investigations and Examinations

Section 15 - Prohibited Conduct Constituting Violation of Chapter

Section 16 - Reports of Condition

Section 17 - Report of Violations and Enforcement Actions to Nationwide Mortgage Licensing System and Registry

Section 18 - Unique Identifier of Any Person Originating Residential Mortgage Loan to Be Clearly Shown on Documents

Section 19 - Rules and Regulations