The Secure and Fair Enforcement Mortgage Licensing Act.

  1. Law
  2. North Carolina General Statutes
  3. Regulation of Financial Services
  4. The Secure and Fair Enforcement Mortgage Licensing Act.

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Section
53-244.010

Title.

Section
53-244.020

Purpose and construction.

Section
53-244.030

Definitions.

Section
53-244.040

License and registration requirements.

Section
53-244.050

License and registration application; claim of exemption.

Section
53-244.060

Issuance of license or registration.

Section
53-244.070

Educational requirements for mortgage loan originators.

Section
53-244.080

Testing requirements for mortgage loan originators.

Section
53-244.090

Application fees.

Section
53-244.100

Active license or registration requirements and assignability.

Section
53-244.100A

Assessments.

Section
53-244.101

License and registration renewal.

Section
53-244.102

Continuing education for mortgage loan originators.

Section
53-244.103

Surety bond requirements.

Section
53-244.104

Minimum net worth requirements.

Section
53-244.105

Records, addresses, escrow funds, or trust accounts.

Section
53-244.106

Display of license.

Section
53-244.107

Unique identifier shown.

Section
53-244.108

Reports.

Section
53-244.109

Mortgage broker duties.

Section
53-244.110

Mortgage servicer duties.

Section
53-244.111

Prohibited acts.

Section
53-244.112

Criminal penalties for unlicensed activity.

Section
53-244.113

Regulatory authority.

Section
53-244.114

Licensure and registration authority.

Section
53-244.115

Investigation and examination authority.

Section
53-244.116

Disciplinary authority.

Sections
53-244.117

Repealed by Session Laws 2013-412, s. 6, effective August 23, 2013.

Section
53-244.118

Rule-making authority; records.

Section
53-244.119

Commissioner's participation in nationwide registry.

Section
53-244.120

Confidentiality of information.

Section
53-244.121

Review by Banking Commission.