Code of Massachusetts Regulations
209 CMR - DIVISION OF BANKS AND LOAN AGENCIES
Title 209 CMR 18.00 - Conduct of the business of debt collectors, student loan servicers, and third party loan servicers
Section 18.08 - Registration Standards

Universal Citation: 209 MA Code of Regs 209.18

Current through Register 1531, September 27, 2024

(1) A registration as a third party loan servicer will be issued to an applicant if the Commissioner, upon review of the registration and all other relevant information, determines that all of the requirements of M.G.L. c. 93, §§ 24 through 24G, and 209 CMR 18.05 have been met.

(2) The Commissioner may deny an application for registration as a third party loan servicer, or the renewal thereof, if the Commissioner upon review of the application and other relevant information, determines that the applicant has not satisfied the requirements of M.G.L. c. 93, §§ 24 through 24G or 209 CMR 18.07 or has violated any provision of M.G.L. c. 93, §§ 24 through 28, and 209 CMR 18.00.

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