N.J. Admin. Code § 3:15-1.1

Current through Register Vol. 56, No. 8, April 15, 2024

Section 3:15-1.1 - Purpose and scope

(a) This chapter implements the New Jersey Residential Mortgage Lending Act, 17:11C-51 et seq.

(b) This chapter shall apply to residential mortgage lenders, correspondent mortgage lenders, residential mortgage brokers, qualified individual licensees and mortgage loan originators licensed under the Act and those whose activities require they be licensed.

Amended by R.1999 d.191, effective 6/21/1999 (operative July 21, 1999).
See: 30 N.J.R. 1658(a), 31 N.J.R. 1609(a).
In (a), changed New Jersey Licensed Lenders Act reference.
Amended by R.2002 d.353, effective 11/4/2002.
See: 34 N.J.R. 1775(a), 34 N.J.R. 3795(a).
Rewrote the section.
Amended by R.2010 d.129, effective 6/21/2010 (operative July 31, 2010).
See: 41 N.J.R. 2829(a), 42 N.J.R. 1139(b).
In (a), substituted "Residential Mortgage Lending" for "Licensed Lenders" and updated the N.J.S.A. reference; and rewrote (b).