In General

In General

§ 81-18-1. Short title
§ 81-18-3. Definitions
§ 81-18-5. Exemptions
§ 81-18-7. Mortgage broker, mortgage lender, or mortgage loan originator licensing requirement; violations
§ 81-18-8. Enactment of local ordinances and regulations in compliance with this chapter authorized
§ 81-18-9. Application for license
§ 81-18-11. Mortgage loan originator surety bond requirement; form; amount
§ 81-18-13. Authorization to collect and maintain records and process fees related to licensees; timing of grant or denial of request for license
§ 81-18-14. Prelicensing education requirements; written test requirement
§ 81-18-15. Mortgage broker, mortgage lender and mortgage loan originator license renewal procedures; license fees; annual continuing education requirements for mortgage loan originators
§ 81-18-17. License nontransferable and nonassignable; notification to department of change in address, location, officers, etc.; department approval required for opening of branch office; notification to department of release of loan originator from employment; notification to department of change of qualifying individual of licensee
§ 81-18-19. Acquisition of interest in licensee
§ 81-18-21. Maintenance and investigation of business records; biennial investigation; examination fee; department authorized to examine persons suspected of conducting business requiring a license; licensee to make records and books available to commissioner and compile reports; commissioner may control access to records of licensee under investigation
§ 81-18-23. Annual written report by licensee
§ 81-18-25. Requirements for principal place of business and branch offices
§ 81-18-27. Prohibited acts; licensed mortgage broker or mortgage lender to broker residential mortgage loan only to licensed mortgage brokers or mortgage lenders or exempt persons
§ 81-18-28. Maximum lock-in fee; contents of lock-in fee agreement
§ 81-18-29. Promulgation of rules and regulations
§ 81-18-31. Regulations governing advertising of mortgage loans
§ 81-18-33. Required contents of individual borrower files and individual servicer files
§ 81-18-35. Journal of mortgage transactions for Mississippi residential loans that licensee originates and/or funds; journal of serviced loans for Mississippi residential loans that licensee owns and/or services
§ 81-18-36. Funds paid to licensee for payment of taxes or insurance premiums must be deposited in separate account from funds belonging to licensee; account to be designated “escrow account”; accounting for funds
§ 81-18-37. Suspension or revocation of license; notice to licensee
§ 81-18-39. Definition of “person”; violations of law; cease and desist orders; failure to comply with order; civil penalty
§ 81-18-40. Commissioner authorized to issue subpoenas; penalties for noncompliance with subpoena
§ 81-18-41. Continuation of loan servicing under existing servicing contracts by suspended licensee
§ 81-18-43. Penalties for violations; report of violations; hearing on amount of penalty; judicial review
§ 81-18-45. Commissioner authorized to hire additional full-time employees
§ 81-18-47. Immunity from liability
§ 81-18-49. Grandfather provisions
§ 81-18-51. Repeal of §§ 81-18-1 through 81-18-63
§ 81-18-53. Applicability of chapter
§ 81-18-55. Activities prohibited in the course of residential mortgage loan transactions; compliance with borrower’s request for information; compliance with certain requirements whether residential mortgage loan is in default or borrower is in bankruptcy

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