Code of Massachusetts Regulations
209 CMR - DIVISION OF BANKS AND LOAN AGENCIES
Title 209 CMR 42.00 - The Licensing Of Mortgage Lenders And Mortgage Brokers
Section 42.07 - Licensing of Certain Subsidiaries and Affiliates
Universal Citation: 209 MA Code of Regs 209.42
Current through Register 1531, September 27, 2024
A non-bank subsidiary or non-bank affiliate of a bank, trust company, savings bank, savings and loan association, credit union or insurance company organized under the laws of any other state or of a bank holding company established in accordance with state or federal law shall be subject to the mortgage broker and mortgage lender licensing and other provisions of M.G.L. c. 255E and 209 CMR 42.00.
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