New Jersey Administrative Code
Title 3 - BANKING
Chapter 15 - RESIDENTIAL MORTGAGE LENDERS; CORRESPONDENT MORTGAGE LENDERS; MORTGAGE BROKERS; QUALIFIED INDIVIDUAL LICENSEES; MORTGAGE LOAN ORIGINATORS
Subchapter 6 - BOOKS AND RECORDS; EXAMINATIONS; ANNUAL REPORTS
Section 3:15-6.6 - Documentation requirement related to the charging of certain fees by business licensees

Universal Citation: NJ Admin Code 3:15-6.6

Current through Register Vol. 56, No. 18, September 16, 2024

(a) Each person licensed as a business licensee shall maintain a recordkeeping system that shall document each of the following fees if charged to first mortgage loan applicants by the licensee:

1. Appraisal fees;

2. Credit report fees;

3. Application fees;

4. Commitment fees;

5. Warehouse fees; and

6. Third party charges.

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