Missouri Revised Statutes
Chapter 443 - Mortgages, Deeds of Trust and Mortgage Brokers
Section 443.727 - Challenge of information in NMLSR.

Effective - 08 Jul 2009
443.727. Challenge of information in NMLSR. — The director shall establish a process whereby mortgage loan originators may challenge information entered into the NMLSR by the director.
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(L. 2009 H.B. 382)
Effective 7-08-09

Structure Missouri Revised Statutes

Missouri Revised Statutes

Title XXIX - Ownership and Conveyance of Property

Chapter 443 - Mortgages, Deeds of Trust and Mortgage Brokers

Section 443.005 - Security instrument defined.

Section 443.010 - Mortgage, assumption of upon purchase not construed to extend mortgage to other lands, when.

Section 443.020 - Claim of such extension barred, when.

Section 443.030 - Prior acknowledgment of deed of trust deemed valid.

Section 443.035 - Recording of instrument required — failure to record, effect on persons subsequently obtaining interest or lien.

Section 443.055 - Future advances may be secured, how — definitions — requirements — limitations — priorities — termination procedure, exceptions.

Section 443.060 - Acknowledgment of satisfaction and release, how made.

Section 443.070 - Affidavit required with deed of release, when — penalty for failure.

Section 443.080 - Satisfaction of mortgage, deed of trust or security instrument of railroad or utility, when entered.

Section 443.090 - Part of property may be released, how.

Section 443.100 - Payment of one or more notes, how cancelled — memorandum on record — affidavit required, content, to be presented to recorder.

Section 443.110 - Partial release of certain mortgages, deeds of trust or security instruments made how — conditions — requirements.

Section 443.120 - Penalty for making false affidavit.

Section 443.130 - Liability for failing to satisfy — demand by certified mail required.

Section 443.140 - Attorney in fact may enter satisfaction.

Section 443.150 - Acknowledgment and satisfaction — how made by a corporation.

Section 443.160 - Personal representative may satisfy and deliver deed or release.

Section 443.170 - Penalty for failing to acknowledge satisfaction and deliver deed of release.

Section 443.180 - Sections 443.160 and 443.170 construed.

Section 443.185 - Releases of mortgages or deeds of trust defective — deemed valid, when.

Section 443.190 - Petition to foreclose, where filed.

Section 443.200 - Petition, where filed.

Section 443.210 - Proceedings to be as in civil actions.

Section 443.220 - Who may be made parties.

Section 443.230 - Judgment on constructive notice.

Section 443.240 - Judgment on personal service.

Section 443.250 - Proceedings where mortgagee, secured party, mortgagor or debtor dies.

Section 443.260 - Judgment when personal representative is party defendant.

Section 443.270 - Execution to be a special fieri facias.

Section 443.280 - Title which purchaser acquires.

Section 443.290 - Mortgages and security agreements with power of sale.

Section 443.300 - Death of debtor, foreclosure stayed.

Section 443.310 - Sales, where made — number of days' notice.

Section 443.320 - Notice, contents — how published.

Section 443.325 - Individual notice of foreclosure sale — form of request for — recorder's duty — foreclosing part to give notice — release of security instrument, effect of — notice deemed given, when.

Section 443.327 - Sale by trustee exercising powers under security instrument — times when sale may be held — places where sale may be held.

Section 443.330 - Trustee failing to execute trust, parties interested may proceed, how.

Section 443.340 - Court to appoint sheriff or other suitable person, when — power and duties of trustee.

Section 443.350 - Foreign corporation or person not to act as trustee, unless domestic corporation or resident trustee be named as cotrustee — domestic corporation under no disability because articles do not contain specific power.

Section 443.355 - Continuance of sale by trustee without readvertisement, manner — restrictions.

Section 443.360 - Compensation of trustees under trust deeds.

Section 443.370 - Penalty for overcharging.

Section 443.380 - Recitals in deed prima facie evidence.

Section 443.390 - Trustee's deed not to be accepted by recorder in certain cities or counties unless unpaid notes are produced — duties of recorder.

Section 443.400 - Redemption before sale.

Section 443.410 - Foreclosures by trustee's sale — how made — redemption.

Section 443.415 - Mortgage may be insured for certain buyers, amount, requirements.

Section 443.420 - Notice of redemption — how given, rights.

Section 443.430 - Motion for approval of bond for redemption — hearing — receiver — additional bond.

Section 443.440 - Certificate of sale — upon failure to redeem, deed to be executed.

Section 443.451 - Mortgage or deed of trust securing payment of bonds issued by interstate gas pipeline company or public utility, filing in office of secretary of state — notice — lien — refiling, effect — satisfaction, release, or cancellation, dut...

Section 443.453 - Financial institutions to pay property tax, how.

Section 443.454 - Enforcement and servicing of real estate loans, federal and state law preemption.

Section 443.701 - Citation of law.

Section 443.703 - Definitions.

Section 443.706 - Licensure required, when — effective date — exemptions.

Section 443.707 - Loan processors and underwriters, license required.

Section 443.709 - Rulemaking authority — expedited review and licensing procedures permitted, when.

Section 443.711 - Application for licensure, form — records and fees — modification of licensure requirements permitted, when — use of NMLSR as an agent, when.

Section 443.713 - Findings required for licensure.

Section 443.717 - Prelicensing education requirements.

Section 443.719 - Written test required, test measures — minimum competency requirements.

Section 443.721 - Renewal of licensure, minimum standards.

Section 443.723 - Continuing education requirements.

Section 443.725 - Duties of director — rule requirements authorized.

Section 443.727 - Challenge of information in NMLSR.

Section 443.729 - Supervision and enforcement — civil penalty.

Section 443.731 - Surety bond requirements.

Section 443.733 - Supervisory information sharing — confidentiality requirements.

Section 443.735 - Investigations and examinations, authority of director.

Section 443.737 - Violations.

Section 443.739 - Reports of condition required.

Section 443.741 - Violations, director required to report.

Section 443.743 - Nonfederally insured credit unions, registration of employed loan originators required.

Section 443.745 - Unique identifier to be shown on applications, solicitations, or advertisements.

Section 443.747 - Severability clause — rulemaking authority.

Section 443.805 - License required to broker residential mortgage.

Section 443.807 - Director, power to request injunction, when.

Section 443.809 - Examination, powers of director to inspect records of licensed persons.

Section 443.810 - Penalty for violations.

Section 443.812 - One license issued to each broker — record required of locations where any business is conducted — supervision requirements — waiver of licensure, when — manufactured or modular home loans.

Section 443.816 - Residential mortgage board created — members, appointment, qualification, terms, vacancies, compensation, duties.

Section 443.817 - Board members to file business transactions with ethics commission — rules authorized to avoid conflict of interest.

Section 443.819 - Brokerage business to be operated under actual names of persons or corporations, violation, penalties.

Section 443.821 - License to be issued on completion of requirements — notice of denial of license to contain reasons — appeal procedure.

Section 443.823 - Licenses to be issued in duplicate, effective when.

Section 443.825 - Application content, oath and form — fingerprinting, when.

Section 443.827 - Applicant for license must agree to maintain certain requirements as to methods of conducting business.

Section 443.830 - License refused — grounds.

Section 443.833 - Renewal of license, date, procedure, fee — failure to renew, license becomes inactive, reactivation — expires, when.

Section 443.835 - Broker ceasing activity and not desiring to be licensed, procedure — director to cancel license.

Section 443.839 - Application by broker to open additional full-service offices, fee — certificate to be issued and posted.

Section 443.841 - License to be displayed.

Section 443.843 - Fees to be established by director — rules authorized for assessment and collection.

Section 443.845 - Residential mortgage licensing fund created — purpose — fees to be deposited in interest-bearing account to credit of fund — amount in fund subject to lapse into general revenue.

Section 443.849 - Bonding requirements.

Section 443.855 - Advertising of mortgage loans, rulemaking authority.

Section 443.857 - Licensee shall maintain at least one full-service office with staff, duties to handle matters relating to mortgage — waiver, when.

Section 443.861 - Transfer or sale of residential mortgage, notice to be given to mortgagor, contents.

Section 443.863 - Unlawful discrimination for refusal to loan or vary terms of the loan.

Section 443.865 - Escrow accounts, placement by brokers — authority for rules.

Section 443.867 - Disclosure statement required of brokers, content — fee — compensation.

Section 443.869 - Powers and duties of director — rulemaking authority.

Section 443.871 - Director may issue subpoenas and subpoenas duces tecum — authority to administer oaths.

Section 443.873 - Failure to comply with subpoenas, director may petition circuit court for compliance order, injunctive relief and other remedies authorized.

Section 443.875 - Bond may be required, conditioned on compliance with subpoena, when.

Section 443.877 - Writ of attachment authorized on failure to comply with subpoena.

Section 443.879 - Reports required, failure to comply, penalty.

Section 443.881 - Suspension or revocation of license, grounds — procedure, penalties.

Section 443.883 - Director to maintain a staff capable of investigations — licensees to open record for investigators.

Section 443.885 - Report to be filed with director annually, contents.

Section 443.887 - General rulemaking powers of director.

Section 443.889 - Court action to recover compensation for services, proof that services performed by valid licensee required, exception.

Section 443.891 - Charge in support of removal or prohibition notice issued on certain findings of conduct.

Section 443.893 - Receiver or conservator to be appointed by court, when — attorney general's duty.

Section 443.901 - Reverse mortgage act — definitions.

Section 443.903 - Reverse mortgage regulations.

Section 443.906 - Reverse mortgage may be made regardless of certain other transactions.

Section 443.909 - Treatment of payments for certain purposes.

Section 443.912 - Statement regarding counseling services on reverse mortgages.

Section 443.930 - Prohibited acts — constitutes mortgage fraud — no private right of action created.

Section 443.1001 - Citation of law.

Section 443.1003 - Definitions.

Section 443.1004 - Designation of first-time home buyer savings account, use of — qualified beneficiary — limitations on accounts — service fee.

Section 443.1005 - Use of account moneys — withdrawals, subject to recapture, when, penalties — death of account holder, effect of.

Section 443.1006 - Annual reporting, forms — rulemaking authority.

Section 443.1007 - Financial institutions, actions not responsible or liable for.