Records of Commissioner: General provisions governing public inspection, confidentiality and disclosure of information relating to investigations and disciplinary action.
1. Except as otherwise provided in this section or by specific statute, all papers, documents, reports and other written instruments filed with the Commissioner pursuant to this chapter are open to public inspection.
2. Except as otherwise provided in subsection 3, the commissioner may withhold from public inspection or refuse to disclose to a person, for such time as the commissioner considers necessary, any information that, in his judgment, would:
(a) Impede or otherwise interfere with an investigation that is currently pending against a mortgage broker;
(b) Have an undesirable effect on the welfare of the public or the welfare of any mortgage broker or mortgage agent; or
(c) Give any mortgage broker a competitive advantage over any other mortgage broker.
3. Except as otherwise provided in NRS 645B.092, the Commissioner shall disclose the following information concerning a mortgage broker to any person who requests it:
(a) The findings and results of any investigation which has been completed during the immediately preceding 5 years against the mortgage broker pursuant to the provisions of this chapter and which has resulted in a finding by the Commissioner that the mortgage broker committed a violation of a provision of this chapter, a regulation adopted pursuant to this chapter or an order of the Commissioner; and
(b) The nature of any disciplinary action that has been taken during the immediately preceding 5 years against the mortgage broker pursuant to the provisions of this chapter.
Last modified: February 27, 2006