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Title
Montana Loan Origination Disclosure
Item Number
1002
State
MT
Agency Name and Number
GreatDocs
Document Changes
MT SB 351 amends the Mortgage Loan Originator Licensing Act, which requires the references to" broker" and "brokerage" be changed to "loan originator" and "loan origination." It also requires that the disclosure include the state license number, and the unique identifier issued by the nationwide mortgage licensing system and the registry for the mortgage loan originator. C-Tel #71494
Field Changes
Loaded new image and aligned fields. Added new field below: 70226 NMLS Unique Identifier
History
Posted On: 05272009 Doc Changes: 9/25/2007 1:01:01 AM - This document was revised as a result of MT SB 92, which amended the Montana Mortgage Broker and Loan Originator Licensing Act. This law revises the Mortgage Loan Origination Disclosure by adding the address of the department's division of banking and financial institutions, the divisions phone number and website, and a statement informing borrowers that the division can provide information about whether a mortgage broker or loan originator is licensed as well as other legally available information. Document(s) also revised to allow space for electronic barcode field placement at the bottom center of the first page. Revisions include moving the page number designator to the right side and potentially moving copy to meet minimum clear space requirements for the barcode font. Field Changes: 9/25/2007 1:01:01 AM - Loaded new image and aligned fields. No new fields added to this document. Posted On: 09262008 Posted On: 09252007 Doc Changes: 07012004 - SB 402 requires that prior to providing broker services to a borrower, the licensee must provide this disclosure to the borrower. The disclosure must be signed by the borrower. This is effective September 1, 2004. Field Changes: 07012004 - New to the GreatDocs library. No new fields used.
Posted Date
5/27/2009
Mapping FDF Date
5/26/2009
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