Purpose. The purpose of the Advisory Council on Mortgage Investments and Mortgage Lending is to:
1. Consult with, advise and make recommendations to the Commissioner in all matters relating to mortgage investments and mortgage lending.
2. Make recommendations to the Legislature concerning the enactment of any legislation relating to mortgage investments and mortgage lending.
3. Make recommendations to the Legislature and the Commissioner concerning educational requirements and other qualifications for persons who are engaged in any business, profession or occupation relating to mortgage investments and mortgage lending.
4. Conduct hearings, conferences and special studies on all matters relating to mortgage investments and mortgage lending.
5. Provide a forum for the consideration and discussion of all matters relating to mortgage investments and mortgage lending.
6. Gather and disseminate information relating to mortgage investments and mortgage lending.
7. Engage in other activities that are designed to promote, improve and protect the reliability and stability of mortgage investments and mortgage lending in this State.
Last modified: February 27, 2006