(a) Annually, on or before a date established by the department by regulation, a mortgage licensee shall file a report with the department providing relevant information that the department requires concerning the business and operations of the mortgage licensee. The mortgage licensee shall make the report under oath or on affirmation. The content and form of the report shall be established by the department by regulation.
(b) A mortgage licensee who fails to file a report as required by this section is subject to a civil penalty of $25 for each day's failure to file the report.
(c) A mortgage licensee shall submit to the registry, as required by the registry, reports of the condition of the licensee, which must be in the form and contain the information that the registry may require.
Section: 06.60.100 06.60.105 06.60.110 06.60.112 06.60.115 06.60.120 06.60.130 06.60.135 06.60.140 06.60.145 06.60.155 06.60.157 06.60.159 06.60.160 NextLast modified: November 15, 2016