§ 11-513.1. Quarterly call reports.

Latest version.

(a) In general. -- A licensee shall submit to the Nationwide Mortgage Licensing System and Registry a call report once each quarter on the date, in the form, and containing the information required by the Nationwide Mortgage Licensing System and Registry.

(b) Requirements for lenders exempt from licensing. -- A mortgage lender who is exempt from licensing under this subtitle shall submit the call reports required under subsection (a) of this section on behalf of its mortgage loan originators licensed under Subtitle 6 of this title.

HISTORY: 2009, ch. 4; 2012, ch. 254.

                    
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