(a) Each mortgage lender or mortgage broker required to be licensed under this chapter shall annually, on or before March 31, file a written report with the Banking Board containing such information as the Banking Board may require concerning the licensee's operations during the preceding calendar year as to each licensed place of business. Reports must be accompanied by a sworn affidavit and in the form prescribed by the Banking Board, which shall make and publish annually an analysis and recapitulation of the reports.
(b) Annual reports must include:
(1) the number and total dollar amount of mortgage loans which were originated or purchased by the licensee in the Virgin Islands during each fiscal year for which a valid license is maintained by the licensee; and
(2) the number and dollar amount of all loans where the applicant filed notices of intent to foreclose in the last year, including the borrower's:
(A) address;
(B) income level; and
(C) property location.
(c) Any information relating to mortgage loans required to be maintained under subsection (b) of this section shall be itemized in order to disclose for each such item:
(1) the number and dollar amount of mortgage loans made to mortgagors who did not, at the time of execution of the mortgage, intend to reside in the property securing the mortgage; and
(2) the number and dollar amount of mortgage loans and completed applications involving mortgagors or mortgage applicants grouped according to property location, income level, and gender.