SUBCHAPTER 03i - MORTGAGE BANKER/BROKER

 

SECTION .0100 ADMINISTRATIVE

 

04 NCAC 03I .0101 DEFINITIONS; FILINGS

 

History Note: Authority G.S. 53-233; 53-234; 53-241;

Eff. November 1, 1993;

Amended Eff. May 1, 1995;

Repealed Eff. April 1, 2003.

SECTION .0200 - FINANCIAL REQUIREMENTS

 

04 NCAC 03I .0201 FINANCIAL REQUIREMENTS FOR MORTGAGE BANKERS AND MORTGAGE BROKERS

 

History Note: Authority G.S. 53-236(b); 53-241;

Eff. November 1, 1993;

Amended Eff. May 1, 1995;

Repealed Eff. April 1, 2003.

 

04 NCAC 03I .0202 MINIMUM NET WORTH REQUIREMENT FOR MORTGAGE BROKERS

04 NCAC 03I .0203 LIQUIDITY OF MORTGAGE BANKERS AND BROKERS

 

History Note: Authority G.S. 53-236(b); 53-241;

Eff. November 1, 1993;

Repealed Eff. May 1, 1995.

 

04 NCAC 03I .0204 SURETY BOND

 

History Note: Authority G.S. 53-236(b); 53-241;

Eff. November 1, 1993;

Amended Eff. May 1, 1995;

Repealed Eff. April 1, 2003.

 

04 NCAC 03I .0205 IRREVOCABLE LETTER OF CREDIT; PLEDGE OF SECURITIES

04 NCAC 03I .0206 NETWORTH

 

History Note: Authority G.S. 53-236(b); 53-241;

Eff. May 1, 1995;

Repealed Eff. April 1, 2003.

 

SECTION .0300 - REGISTRATION OF MORTGAGE BANKERS AND MORTGAGE BROKERS

 

04 NCAC 03I .0301 APPLICATION FOR REGISTRATION AS A MORTGAGE BANKER OR BROKER

04 NCAC 03I .0302 EXEMPT PERSONS OR ORGANIZATIONS

04 NCAC 03I .0303 EXPERIENCE REQUIREMENTS FOR MORTGAGE BANKERS

04 NCAC 03I .0304 EXPERIENCE REQUIREMENTS FOR MORTGAGE BROKERS

04 NCAC 03I .0305 ISSUANCE OF CERTIFICATE OF REGISTRATION

04 NCAC 03I .0306 NONTRANSFERABILITY OF CERTIFICATE OF REGISTRATION

 

History Note: Authority G.S. 53-234(6)(a); 53-235; 53-236; 53-236(b); 53-237(a); 53-237(c); 53-241; 53-242;

Eff. November 1, 1993;

Amended Eff. May 1, 1995;

Repealed Eff. April 1, 2003.

 

SECTION .0400 - OPERATIONS

 

04 NCAC 03I .0401 ANNUAL REGISTRATION FEE

04 NCAC 03I .0402 ANNUAL REPORT

04 NCAC 03I .0403 SEGREGATION OF FEES

04 NCAC 03I .0404 REFUNDS

04 NCAC 03I .0405 RECORD AND BOOKKEEPING REQUIREMENTS

04 NCAC 03I .0406 DISPLAY OF CERTIFICATE OF REGISTRATION

 

History Note: Authority G.S. 53-122(3); 53-234(1); 53-234(2); 53-237(c); 53-238; 53-238(5); 53-238(6); 53-239; 53-239(c); 53-241; 53-242;

Eff. November 1, 1993;

Amended Eff. May 1, 1995;

Repealed Eff. April 1, 2003.

 

SECTION .0500 - REPORTING AND NOTIFICATION REQUIREMENTS

 

04 NCAC 03I .0501 AMENDMENTS TO INFORMATION ON FILE WITH THE COMMISSIONER

04 NCAC 03I .0502 WITHDRAWAL/TERMINATION/REGISTRATION/MTGE BANKER/MTGE BROKER

04 NCAC 03I .0503 IMPAIRMENT OF FINANCIAL REQUIREMENTS

 

History Note: Authority G.S. 53-236(b); 53-241;

Eff. November 1, 1993;

Amended Eff. May 1, 1995;

Repealed Eff. April 1, 2003.

 

SECTION .0600 - PROHIBITED ACTS AND PRACTICES; INVESTIGATIONS

 

04 NCAC 03I .0601 PROHIBITED CONDUCT AND PRACTICES

04 NCAC 03I .0602 SOLICITATION AND ADVERTISING

04 NCAC 03I .0603 EXAMINATIONS, INVESTIGATION

04 NCAC 03I .0604 ENFORCEMENT ACTIONS

04 NCAC 03I .0605 HEARINGS

 

History Note: Authority G.S. 53-238; 53-239; 53-240; 53-241;

Eff. November 1, 1993;

Amended Eff. May 1, 1995;

Repealed Eff. April 1, 2003.

 

SECTION .0700 - DISCLOSURE REQUIREMENTS

 

04 NCAC 03I .0701 CONFLICTS OF INTEREST

04 NCAC 03I .0702 MORTGAGE BROKER APPLICATION DISCLOSURES

04 NCAC 03I .0703 MORTGAGE BANKER APPLICATION DISCLOSURES

04 NCAC 03I .0704 DISCLOSURE ARRGMTS BETWEEN MORTGAGE BANKERS/MORTGAGE BROKERS

04 NCAC 03I .0705 COMMITMENT DISCLOSURES

04 NCAC 03I .0706 MORTGAGE LOCK-IN AGREEMENT

 

History Note: Authority G.S. 53-238; 53-241;

Eff. November 1, 1993;

Amended Eff. May 1, 1995;

Repealed Eff. April 1, 2003.