Thursday, January 15, 2015

Residential Mortgage Loan Report under the Holden Act due by Mar. 31

Licensees are reminded the state Residential Mortgage Loan Report is due by Mar. 31 for all residential mortgage lenders who do not report to a federal or state regulatory agency as provided by the Home Mortgage Disclosure Act of 1975. Licensees making residential mortgages should consult with their internal compliance officers regarding whether they are required to file the state report.