Fla. Stat. ch. 494 – Mortgage Brokerage and Mortgage Lending | Midpage

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Florida Statutes

Chapter 494

Fla. Stat. ch. 494

Mortgage Brokerage and Mortgage Lending

494.001Definitions 494.0011Powers and duties of the department 494.0012Investigations; complaints; examinations 494.00125Confidentiality of information relating to investigations and examinations 494.0013Injunction to restrain violations 494.0014Cease and desist orders; refund orders 494.0015Evidence; examiner's worksheets, investigative reports, other related documents 494.0016Books, accounts, and records; maintenance; examinations by the department 494.00165Prohibited advertising; record requirements 494.0017Mortgage Brokerage Guaranty Fund 494.00171Special assessments; deposit and transfer 494.0018Penalties 494.0019Liability in case of unlawful transaction 494.002Statutory or common-law remedies 494.0021Public records 494.0022Applicability of act 494.0023Conflicting interest 494.0024Waiver 494.0025Prohibited practices 494.0026Disposition of insurance proceeds 494.0028Arbitration 494.003Exemptions 494.0031Licensure as a mortgage brokerage business 494.00311Mortgage brokerage schools 494.0032Renewal of mortgage brokerage business license; renewal of mortgage brokerage business branch office license 494.0033Mortgage broker's license 494.00331Mortgage broker association 494.0034Renewal of mortgage broker's license 494.0035Principal broker and branch broker requirements 494.0036Mortgage brokerage business branch offices 494.0037Books, accounts, and records 494.0038Mortgage broker disclosures 494.0039Principal place of business requirements 494.004Requirements of licensees 494.0041Administrative penalties and fines; license violations 494.0042Brokerage fees 494.00421Fees earned upon obtaining a bona fide commitment 494.0043Requirements for brokering loans to noninstitutional investors 494.006Exemptions 494.0061Mortgage lender's license requirements 494.0062Correspondent mortgage lender's license requirements 494.0063Audited financial statements 494.0064Renewal of mortgage lender's license; branch office license renewal 494.0065Saving clause 494.0066Branch offices 494.0067Requirements of licensees under ss. 494.006-494.0077 494.0068Loan application process 494.0069Lock-in agreement 494.007Commitment process 494.0071Expiration of lock-in agreement or commitment 494.0072Administrative penalties and fines; license violations 494.00721Net worth 494.0073Mortgage lender or correspondent mortgage lender when acting as a mortgage brokerage business 494.0074Lender fees and charges 494.0075Requirements for selling loans to noninstitutional investors 494.0076Servicing audits 494.0077Other products and services 494.008Mortgages offered by land developers licensed pursuant to the Florida Uniform Land Sales Practices Law; requirements; prohibitions