1. Each mortgagee or beneficiary of a deed of trust under a residential mortgage loan, including, without limitation, a bank, credit union, savings bank, savings and loan association, thrift company or other financial institution which is licensed, registered or otherwise authorized to do business in this State, shall provide to the Division of Financial Institutions the name, street address and any other contact information of a person to whom:
(a) A borrower or a representative of a borrower must send any document, record or notification necessary to facilitate a mediation conducted pursuant to NRS 40.437 or 107.086.
(b) A unit-owners’ association must send any notice required to be given pursuant to NRS 116.3116 to 116.31168, inclusive.
2. The Division of Financial Institutions shall maintain on its Internet website the information provided to the Division pursuant to subsection 1 and provide a prominent display of, or a link to, the information described in subsection 1, on the home page of its Internet website.
3. As used in this section:
(a) "Borrower" means a person who is a mortgagor or grantor of a deed of trust under a residential mortgage loan.
(b) "Residential mortgage loan" means a loan which is primarily for personal, family or household use and which is secured by a mortgage or deed of trust on owner-occupied housing as defined in NRS 107.015.
(Added to NRS by 2015, 1348; A 2015, 3333; 2017, 545, 4106; 2019, 1382)
Structure Nevada Revised Statutes
Chapter 657 - General Provisions
NRS 657.016 - "Bank," "commercial bank," "banking company" and "banking corporation" defined.
NRS 657.026 - "Commissioner" defined.
NRS 657.035 - "Demand deposits" defined.
NRS 657.037 - "Depository institution" defined.
NRS 657.039 - "Derivative transaction" defined.
NRS 657.040 - "Division of Financial Institutions" defined.
NRS 657.045 - "Insolvency" defined.
NRS 657.055 - "Net earnings" defined.
NRS 657.058 - "Nevada" defined.
NRS 657.064 - "Savings deposit" defined.
NRS 657.070 - "Stockholders’ equity" and "members’ equity" defined.
NRS 657.075 - "Surplus" defined.
NRS 657.085 - "Time deposit" defined.
NRS 657.095 - Applicability of chapters 78, 86 and 92A of NRS.
NRS 657.120 - Fees and charges: Imposition and collection by financial institution; limitations.
NRS 657.130 - Committees to review compliance: Definitions; confidentiality and privilege.
NRS 657.140 - Loan agreements: Certain provisions for recovery prohibited; exceptions.
NRS 657.160 - "Financial institution" defined.
NRS 657.170 - "License" defined.
NRS 657.190 - Suspension or revocation of license to operate or manage: Additional grounds.
NRS 657.200 - Use or change of business name; prohibitions.
NRS 657.230 - "Designated reporter" defined.
NRS 657.240 - "Exploitation" defined.
NRS 657.250 - "Older person" defined.
NRS 657.260 - Reasonable cause to believe" defined.
NRS 657.270 - "Vulnerable person" defined.
NRS 657.280 - Training; reporting to designated reporter.
NRS 657.290 - Designated reporter: Designation; duty to report; immunity.