RCW 19.146.005
Findings and declaration.
The legislature finds and declares that the brokering of residential real estate loans substantially affects the public interest, requiring that all actions in mortgage brokering be actuated by good faith, and that mortgage brokers, designated brokers, loan originators, and other persons subject to this chapter abstain from deception, and practice honesty and equity in all matters relating to their profession. The practices of mortgage brokers and loan originators have had significant impact on the citizens of the state and the banking and real estate industries. It is the intent of the legislature to establish a state system of licensure in addition to rules of practice and conduct of mortgage brokers and loan originators to promote honesty and fair dealing with citizens and to preserve public confidence in the lending and real estate community.
[ 2008 c 108 § 21; 2006 c 19 § 1; 1994 c 33 § 1; 1993 c 468 § 1; 1987 c 391 § 1.]
NOTES:
Findings—2008 c 108: See RCW 19.144.005.
Adoption of rules—Severability—1993 c 468: See notes following RCW 19.146.0201.
Effective dates—1993 c 468: See note following RCW 19.146.200.
Structure Revised Code of Washington
Title 19 - Business Regulations—Miscellaneous
Chapter 19.146 - Mortgage Broker Practices Act.
19.146.005 - Findings and declaration.
19.146.020 - Exemptions from chapter.
19.146.0201 - Loan originator, mortgage broker—Prohibitions—Requirements.
19.146.060 - Accounting requirements.
19.146.070 - Fee, commission, or compensation—When permitted.
19.146.085 - Duties—Generally.
19.146.095 - Fiduciary duties.
19.146.100 - Violations of chapter—Application of consumer protection act.
19.146.103 - Financial interest in a mortgage broker—Prohibited practices.
19.146.110 - Criminal penalty.
19.146.210 - License—Requirements for issuance—Denial—Validity—Surrender—Interim license—Rules.
19.146.215 - Continuing education—Rules.
19.146.218 - Informal settlement of complaints or enforcement actions—Director's discretion.
19.146.220 - Director—Powers and duties—Violations as separate violations—Rules.
19.146.221 - Action by director—Hearing—Sanction.
19.146.223 - Director—Administration and interpretation.
19.146.225 - Director—Rule-making powers.
19.146.226 - Director—Licensing rules and interim procedures.
19.146.227 - Cease and desist order—Action to enjoin and enforce.
19.146.230 - Administrative procedure act application.
19.146.233 - Subpoena authority—Application—Contents—Notice—Fees.
19.146.235 - Director's authority to conduct investigations and examinations—Rules—Penalty.
19.146.237 - Director—Powers under chapter 19.144 RCW.
19.146.240 - Violations—Claims against bond or alternative.
19.146.245 - Violations—Liability.
19.146.250 - Authority restricted to person named in license—Exceptions.
19.146.260 - Registered agent for brokers without physical office in state—Venue.
19.146.265 - Branch offices—Fee—Licenses—Rules.
19.146.320 - Loan originator license—Not assignable.
19.146.325 - Loan originator license—Test.
19.146.340 - Loan originator applicants.
19.146.350 - Loan originators—Continuing education—Requirements.
19.146.370 - Disclosure of information—Privilege—Confidentiality—Exceptions.
19.146.380 - Director's authority to contract—Records and fees.
19.146.390 - Mortgage brokers—Call reports—Licensing system and registry.
19.146.400 - Director's authority—Violation and enforcement reporting.
19.146.903 - Effective dates—1994 c 33.