1. The Commissioner may appoint deputy commissioners of mortgage lending, examiners, assistants, clerks, stenographers and other employees necessary to assist the Commissioner in the performance of his or her duties pursuant to this chapter, chapters 645A and 645B of NRS or any other law. These employees shall perform such duties as are assigned to them by the Commissioner.
2. The Commissioner may employ or contract with a certified public accountant to review and conduct independent audits and examinations of escrow agencies, mortgage companies and mortgage servicers. The Commissioner shall levy an assessment upon each licensed escrow agency, mortgage company and mortgage servicer to cover all the costs related to the employment of or the contract with the certified public accountant and the performance of the audits and examinations.
3. Assessments collected by the Commissioner pursuant to subsection 2 must be deposited in the State Treasury for deposit to the Account for Mortgage Lending created by NRS 645F.270 and accounted for separately. The Commissioner shall use the money for the purposes specified in subsection 2.
(Added to NRS by 2003, 3538; A 2015, 2808; 2017, 3081)
Structure Nevada Revised Statutes
Chapter 645F - Mortgage Lending and Related Professions
NRS 645F.020 - "Commissioner" defined.
NRS 645F.030 - "Division" defined.
NRS 645F.040 - "Escrow agency" defined.
NRS 645F.050 - "Mortgage banker" defined.
NRS 645F.060 - "Mortgage company" defined.
NRS 645F.063 - "Mortgage servicer" defined.
NRS 645F.065 - "Nationwide Mortgage Licensing System and Registry" or "Registry" defined.
NRS 645F.150 - Commissioner: Qualifications; restrictions on other employment or offices.
NRS 645F.170 - Commissioner: Oath.
NRS 645F.190 - Oath of deputy commissioners.
NRS 645F.255 - Regulations: Generally.
NRS 645F.260 - State Board of Finance required to act in advisory capacity.
NRS 645F.291 - Subpoenas; oaths; examination of witnesses; penalty; assessment of costs.
NRS 645F.310 - "Covered service" defined.
NRS 645F.320 - "Foreclosure consultant" defined.
NRS 645F.330 - "Foreclosure purchaser" defined.
NRS 645F.340 - "Foreclosure reconveyance" defined.
NRS 645F.350 - "Foreclosure sale" defined.
NRS 645F.360 - "Homeowner" defined.
NRS 645F.365 - "Loan modification consultant" defined.
NRS 645F.367 - "Residence" defined.
NRS 645F.370 - "Residence in foreclosure" defined.
NRS 645F.400 - Persons performing covered services for compensation: Prohibited acts; penalty.
NRS 645F.420 - Homeowner may bring action to recover damages.
NRS 645F.430 - Foreclosure purchasers: Criminal penalty for fraud or deceit against homeowner.
NRS 645F.440 - Foreclosure purchasers: Transaction rescinded due to fraud or deceit upon homeowner.
NRS 645F.450 - Cumulative nature of rights, remedies and penalties.