Mortgage Lenders, Correspondent Lenders, Brokers and Loan Originators | MidpageMortgage Lenders, Correspondent Lenders, Brokers and Loan Originators
36a-485(Formerly Sec. 36-440). Definitions.36a-486(Formerly Sec. 36-440a). Licenses required. Exemptions. Prohibited advertisements. Violations. Temporary authority to act as mortgage loan originator.36a-487(Formerly Sec. 36-440b). Exemptions from licensure.36a-488(Formerly Sec. 36-440c). Mortgage lender, mortgage correspondent lender, mortgage broker, mortgage loan originator, loan processor, underwriter and lead generator licenses. Requirements.36a-489(Formerly Sec. 36-440d). Licenses: Issuance; denial; renewal; suspension; financial responsibility; withdrawal or abandonment of application.36a-489aPrelicensing education, written test and annual continuing education requirements.36a-490(Formerly Sec. 36-440e). License requirements. Request to surrender license. Requirements for filing information with system.36a-491(Formerly Sec. 36-440f). Expiration of licenses. Applications for renewal. Fees.36a-492(Formerly Sec. 36-440g). Surety bond required. Cancellation of bond. Automatic suspension of license. Notices.36a-493(Formerly Sec. 36-440h). Records to be maintained by licensee.36a-494(Formerly Sec. 36-440i). Suspension, revocation or refusal to renew license or taking other action. Removal from office and from employment or retention. Temporary order to cease business.36a-496(Formerly Sec. 36-440k). Applications and referrals from unlicensed mortgage brokers or mortgage loan originators.36a-497(Formerly Sec. 36-440l). Advertisements.36a-498(Formerly Sec. 36-440m). Refundability of advance fees. Exceptions. Prohibited acts by mortgage lenders, correspondent lenders, brokers and loan originators re borrowers.36a-498aPrepaid finance charges; restrictions. Secondary mortgage loan; demand for payment prior to maturity; liability for noncompliance; deed.36a-498bRelease of secondary mortgage. Notice of outstanding balance of obligation secured by secondary mortgage.36a-498cAdoption of mortgage loan policy with respect to subprime mortgage loans and nontraditional mortgage loans.36a-498dUnique identifier of licensee. Advertising of licensee.36a-498eProhibited acts.36a-498gSeverability.36a-498hLead generator licensees. Prohibited acts.36a-499 to 36a-509Conn. Gen. Stat. § 36a-499 to 36a-50936a-525 to 36a-534Conn. Gen. Stat. § 36a-525 to 36a-53436a-534aNotice of discriminatory lending practices. Violation as grounds for license suspension, revocation or nonrenewal.36a-534bParticipation in system. Authority of commissioner to establish requirements. Reports.