Okla. Admin. Code § 330:15-7-9

Current through Vol. 42, No. 4, November 1, 2024

Section 330:15-7-9 - Participating Lenders deemed to be fiduciaries of OHFA

All firms which agree to act as Participating Lenders under any Program for the purpose of originating and/or servicing Mortgage Loans shall be deemed to be acting as a fiduciary agent to OHFA, and by accepting and agreeing to so act, such Participating Lenders shall be bound to the standards and duties of conduct of a fiduciary agent, as provided by law.

Okla. Admin. Code § 330:15-7-9

Amended by Oklahoma Register, Volume 37, Issue 24, September 1, 2020, eff. 1/1/2021