California Code of Regulations
Title 10 - Investment
Chapter 3 - Commissioner of Financial Protection and Innovation
Subchapter 11.5
Article 9 - Books and Records
Section 1950.307 - Annual Report and Mortgage Call Report
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(a) In addition to the annual report required under Section 50307 of the Code, a residential mortgage lender, mortgage servicer, or residential mortgage lender and servicer, shall file the NMLS Mortgage Call Report required to be filed pursuant to Section 50307.2 of the Code with NMLS for transmission to the Commissioner.
(b) Every mortgage loan originator shall ensure that all residential mortgage loans that close as a result of his or her loan origination activities are included in the mortgage call reports submitted to NMLS or the Commissioner by his or her sponsoring residential mortgage lender, mortgage servicer, or residential mortgage lender and servicer.
1. New
section filed 4-1-2010 as an emergency; operative 4-1-2010 (Register 2010, No.
14). A Certificate of Compliance must be transmitted to OAL by 9-28-2010 or
emergency language will be repealed by operation of law on the following
day.
2. New section refiled 9-28-2010 as an emergency; operative
9-28-2010 (Register 2010, No. 40). A Certificate of Compliance must be
transmitted to OAL by 12-27-2010 or emergency language will be repealed by
operation of law on the following day.
3. New section refiled
12-23-2010 as an emergency; operative 12-23-2010 (Register 2010, No. 52). A
Certificate of Compliance must be transmitted to OAL by 3-23-2011 or emergency
language will be repealed by operation of law on the following
day.
4. Certificate of Compliance as to 12-23-2010 order transmitted
to OAL 3-14-2011 and filed 4-25-2011 (Register 2011, No.
17).
Note: Authority cited: Sections 50146 and 50304, Financial Code. Reference: Sections 50307 and 50307.2, Financial Code.
