Ohio Revised Code
Chapter 1322 | Ohio Residential Mortgage Lending Act (Rmla)
Section 1322.02 | Rules Amending Definitions of Mortgage Broker, Lender, or Originator; Rules Amending Criteria for Letters of Exemption.

Effective: September 1, 2021
Latest Legislation: House Bill 133 - 134th General Assembly
The superintendent of financial institutions may, by rule, amend the definition of mortgage loan originator, mortgage broker, mortgage lender, mortgage servicer, or any other definition in section 1322.01 of the Revised Code, or the criteria for an entity to obtain a letter of exemption, or a registration or license, under this chapter, if the superintendent finds that the change is necessary to remain consistent with the purposes intended by the policy and provisions of the "Secure and Fair Enforcement for Mortgage Licensing Act of 2008," 122 Stat. 2810, 12 U.S.C. 5101.
Rules authorized by this section shall be adopted in accordance with Chapter 119. of the Revised Code.
Last updated June 22, 2021 at 1:07 PM

Structure Ohio Revised Code

Ohio Revised Code

Title 13 | Commercial Transactions

Chapter 1322 | Ohio Residential Mortgage Lending Act (Rmla)

Section 1322.01 | Rmla Definitions.

Section 1322.02 | Rules Amending Definitions of Mortgage Broker, Lender, or Originator; Rules Amending Criteria for Letters of Exemption.

Section 1322.04 | Applicability of Rmla.

Section 1322.05 | Credit Union Service Organization or Depository Institution Application for Letter of Exemption; Fee.

Section 1322.07 | Requirement to Obtain Certificate of Registration or License.

Section 1322.09 | Application for Certificate of Registration; Fee.

Section 1322.10 | Conditions for Issuing Certificate of Registration; Renewal.

Section 1322.12 | Designation of Operations Manager; Eligibility.

Section 1322.15 | Obfuscation or Concealment of True Ownership or Control.

Section 1322.16 | Transfer of Ownership Interests; Notification.

Section 1322.17 | Persons Registered Solely to Sell Leads or to Match Buyers.

Section 1322.20 | Application for Mortgage Loan Originator License.

Section 1322.21 | Conditions for Issuing Mortgage Loan Originator License; Renewal.

Section 1322.27 | Examination for Mortgage Loan Originator License.

Section 1322.28 | Continuing Education for Mortgage Loan Originator.

Section 1322.29 | Supervision of Mortgage Loan Originator; Transfer of License.

Section 1322.30 | Interest.

Section 1322.32 | Corporate Surety Bond; Notice of Action or Judgment.

Section 1322.34 | Examination and Maintenance of Records; Reports to Nmls.

Section 1322.35 | Obstructing Examination or Investigation by Superintendent of Financial Institutions.

Section 1322.36 | Public Records and Privileged and Confidential Information; Reports by Superintendent to Nmls.

Section 1322.40 | Prohibited Acts.

Section 1322.41 | Prohibited Interest in Appraisal Company.

Section 1322.42 | Restrictions Regarding Referrals.

Section 1322.43 | Supervision of Mortgage Loan Originator and Associated Persons; Procedures to Avoid Violations; Remote Work.

Section 1322.45 | Additional Duties of Registrants and Licensees; Recovery of Damages by Buyer.

Section 1322.46 | Disclosures in Advertising.

Section 1322.50 | Disciplinary Actions.

Section 1322.51 | Effect of Child Support Default on Registration or License.

Section 1322.52 | Buyer Civil Action; State Civil Action; Criminal Prosecution.

Section 1322.55 | Adoption of Rules to Parallel Federal Safe Act.

Section 1322.56 | Adoption of Rules to Comply With Nmls Requirements.

Section 1322.57 | Administrative Rules.

Section 1322.99 | Penalty.