3 CRR-NY 413.1NY-CRR

STATE COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 3. BANKING
CHAPTER III. SUPERINTENDENT'S REGULATIONS
SUBCHAPTER B. NON-BANKING ORGANIZATIONS
PART 413. PROCEDURES AND REQUIREMENTS FOR MORTGAGE BROKERS TO ACT AS FHA MORTGAGE LOAN CORRESPONDENTS
3 CRR-NY 413.1
3 CRR-NY 413.1
413.1 Authorization to act as an FHA mortgage loan correspondent.
Section 590(5-a) of the Banking Law and this Part constitute the exclusive authority for mortgage brokers registered pursuant to article 12-D of the Banking Law to act as FHA mortgage loan correspondents. Nothing in this Part shall prohibit mortgage bankers licensed pursuant to article 12-D of the Banking Law and exempt organizations from acting as FHA mortgage loan correspondents.
3 CRR-NY 413.1
Current through March 31, 2022
End of Document

IMPORTANT NOTE REGARDING CONTENT CURRENCY: JULY 31, 2023, is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Admisnistrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of the NYS Rules.