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Kansas Statutes

Article 22

Mortgage Business

9-2201Definitions 9-2202Organizations, entities and individuals exempt from licensure 9-2203License required to conduct mortgage business; mortgage business at remote locations, requirements; registration required for a loan originator; penalty; statute of limitations for prosecution 9-2204Application for license for mortgage company; application for registration for loan originator; content; incomplete application 9-2205License or registration; renewal; fees, late fees, uses 9-2206Application denied; application abandoned; appeal 9-2207Denial, suspension or revocation of license or registration; notice; disciplinary proceedings 9-2208Availability of evidence of licensure; providing notice of certain information to consumer; contents; advertising or solicitation disclosures 9-2209Powers and duties of state bank commissioner; orders to appear before commissioner; other remedies available to consumers 9-2210Fees; disposition 9-2211Bonding requirements; positive net worth requirements 9-2212Prohibited acts for persons licensed or registered under act 9-2213Time limit for deposit of escrow funds; records required 9-2214Ownership of documents 9-2215Change in licensee's business; notice 9-2216Retention of records; time period; inspection of records; security of records; preservation of records 9-2216aAnnual written report; penalty; consumer education fund; confidentiality of information in such report 9-2217Confidentiality of examination reports; exceptions 9-2218Cease and desist orders; civil fines 9-2219Injunction 9-2220Citation of act; severability clause 9-2221Computation of any period of time under act 9-2222Electronic writings or signatures authorized 9-2223Applicability of provisions to covered transactions 9-2224Restrictions on interest in land as security; violation 9-2225Waiver or agreement to forego rights; settlement of claims; authorization to confess judgment prohibited; authorization in violation of section is void 9-2226Effect of violations on rights of parties; cause of action by consumer; correction of error by mortgage company; reimbursement of fees and costs 9-2227Right to prepay unpaid balance of covered transaction 9-2228Limitation on periodic finance charge for covered transactions and prepaid finance charges 9-2229Additional charges allowed 9-2230Late fees authorized; limitation 9-2231Loans secured by mortgages on consumer's principal residence; negative amortization and balloon payments prohibited 9-2232Appraisals required; notice to consumer of high loan-to-value mortgage; refund of certain fees after consumer withdrawals from covered transaction 9-2233Enforcement of default provision in agreement 9-2234Cure of default and notice of right to cure; surrender of collateral by consumer; possession of collateral by mortgage company