Proposed Amendments to 209 CMR 56.00: Right To Cure A Mortgage Default to implement provisions of Chapter 194 of the Acts of 2012 – public hearing on 2/6/13
Amendments to 209 CMR 18.00: Conduct of the Business of Debt Collectors and Loan Servicers - public hearing on 11/29/12
Proposed Amendments to Regulatory Bulletin 5.2-101 regarding the Surety Bond Requirements for Mortgage Lenders, Mortgage Brokers and Mortgage Loan Originators
Pursuant to Section 12 of chapter 255F, as a condition of obtaining and holding a mortgage loan originator license, a mortgage loan originator must be covered by a surety bond. The proposed amendments to Regulatory Bulletin 5.2-101 set forth the requirements relative to the establishment and maintenance of the required surety bond coverage for mortgage loan originators.
The Division is pleased to accept comments on the proposed amendments to Regulatory Bulletin 5.2-101 from interested parties which should be submitted by October 16, 2009 via e-mail to dob.comments@state.ma.us or by mail addressed to Steven L. Antonakes, Commissioner of Banks, One South Station, 3rd Floor, Boston, MA 02110.
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Regulatory Bulletin 5.2-102 Standard of Review for Evaluating an Individual's Credit History to Determine Whether an Applicant Satisfies the Financial Responsibility Requirements for Obtaining License
4/24/2008 * Regulatory Bulletin 1.1-105: Educational Requirements for Mortgage Loan Originators
Industry Letter on Final Subprime Lending Guidance, Amendments to 209 CMR 42.00 and Proposed Regulatory Bulletin on Bond for Licensed Lenders and Brokers
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Note: UPDATE 1-3-07 Regulatory Bulletin 5.1-101 - The proposed 2006 revisions to this Bulletin have not been finalized
Comment Period on Regulatory Bulletin 5.1-101 Extended Until Friday, September 8, 2006 - Proposed Revisions to Regulatory Bulletin 5.1-101 Issued for Industry Comment
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