New Jersey Administrative Code
Title 3 - BANKING
Chapter 15 - RESIDENTIAL MORTGAGE LENDERS; CORRESPONDENT MORTGAGE LENDERS; MORTGAGE BROKERS; QUALIFIED INDIVIDUAL LICENSEES; MORTGAGE LOAN ORIGINATORS


Current through Register Vol. 54, No. 36, June 19, 2023

CHAPTER SOURCE AND EFFECTIVE DATE:
Effective: December 14, 2021.
See: 54 N.J.R. 137(a).
CHAPTER HISTORICAL NOTE:
Chapter 15, Licensed Lenders: Mortgage Bankers; Correspondent Mortgage Bankers; Mortgage Brokers; Secondary Lenders; Consumer Lenders and Sales Finance Companies was adopted as R.1997 d.183 effective April 21, 1997. See: 29 N.J.R. 525(a), 29 N.J.R. 1509(a).
Subchapter 5, Tangible Net Worth, Net Worth, Liquid Assets, Insolvency, Subchapter 6, Books and Records; Examinations; Annual Reports, Subchapter 7, Insurance, Subchapter 8, Advertising, Subchapter 9, Permissible Fees, Subchapter 10, Characteristics of Loans, Subchapter 11, Other Permissible Lines of Business for Consumer Lenders and Subchapter 12, Imposition of Administrative Penalties, were adopted as R.1997 d.257, effective June 16, 1997. See: 29 N.J.R. 1489(a), 29 N.J.R. 2641(a).
Chapter 15, Licensed Lenders: Mortgage Bankers; Correspondent Mortgage Bankers; Mortgage Brokers; Secondary Lenders; Consumer Lenders and Sales Finance Companies was readopted as R.2002 d.353 effective October 10, 2002. See: 34 N.J.R. 1775(a), 34 N.J.R. 3795(a).
Chapter 15, Licensed Lenders: Mortgage Bankers; Correspondent Mortgage Bankers; Mortgage Brokers; Secondary Lenders; Consumer Lenders and Sales Finance Companies, was readopted as R.2008 d.70, effective February 26, 2008. See: 39 N.J.R. 4361(a), 40 N.J.R. 1826(b).
Chapter 15, Licensed Lenders: Mortgage Bankers; Correspondent Mortgage Bankers; Mortgage Brokers; Secondary Lenders; Consumer Lenders and Sales Finance Companies, was renamed Residential Mortgage Lenders; Correspondent Mortgage Lenders; Mortgage Brokers; Qualified Individual Licensees; Mortgage Loan Originators; Subchapter 5, Tangible Net Worth, Net Worth, Liquid Assets, Insolvency, was renamed Tangible Net Worth, Insolvency, and Subchapter 11, Other Permissible Lines of Business for Consumer Lenders, was repealed by R.2010 d.129, effective June 21, 2010 (operative July 31, 2010). See: 41 N.J.R. 2829(a), 42 N.J.R. 1139(b).
In accordance with N.J.S.A. 52:14B-5.1b, Chapter 15, Residential Mortgage Lenders; Correspondent Mortgage Lenders; Mortgage Brokers; Qualified Individual Licensees; Mortgage Loan Originators, was scheduled to expire on February 26, 2015. See: 43 N.J.R. 1203(a).
Chapter 15, Residential Mortgage Lenders; Correspondent Mortgage Lenders; Mortgage Brokers; Qualified Individual Licensees; Mortgage Loan Originators, was readopted, effective January 27, 2015. See: 47 N.J.R. 527(b).
Chapter 15, Residential Mortgage Lenders; Correspondent Mortgage Lenders; Mortgage Brokers; Qualified Individual Licensees; Mortgage Loan Originators, was readopted, effective December 14, 2021. See: Source and Effective Date.

CHAPTER AUTHORITY:

N.J.S.A. 17:1-8, 17:1-8.1, 17:1-15.e, 17:11C-51 et seq., and 17:11C-89.

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