12 U.S.C. § 5109

Current through P.L. 118-65 (published on www.congress.gov on 06/17/2024)
Section 5109 - Fees

The Bureau, the Farm Credit Administration, and the Nationwide Mortgage Licensing System and Registry may charge reasonable fees to cover the costs of maintaining and providing access to information from the Nationwide Mortgage Licensing System and Registry, to the extent that such fees are not charged to consumers for access to such system and registry.

12 U.S.C. § 5109

Pub. L. 110-289, div. A, title V, §1510, as added Pub. L. 111-203, title X, §1100(7), July 21, 2010, 124 Stat. 2107.

EDITORIAL NOTES

PRIOR PROVISIONSA prior section 5109,Pub. L. 110-289, div. A, title V, §15105109,, 122 Stat. 2819, which related to fees, was repealed by Pub. L. 111-203, title X, §1100(7), July 21, 2010, 124 Stat. 2107.

STATUTORY NOTES AND RELATED SUBSIDIARIES

EFFECTIVE DATESection effective on the designated transfer date, see section 1100H of Pub. L. 111-203 set out as an Effective Date of 2010 Amendment note under section 552a of Title 5, Government Organization and Employees.

Bureau
The term "Bureau" means the Bureau of Consumer Financial Protection.
Nationwide Mortgage Licensing System and Registry
The term "Nationwide Mortgage Licensing System and Registry" means a mortgage licensing system developed and maintained by the Conference of State Bank Supervisors and the American Association of Residential Mortgage Regulators for the State licensing and registration of State-licensed loan originators and the registration of registered loan originators or any system established by the Director under section 5108 of this title.
credit
The term "credit" means the right granted by a person to a consumer to defer payment of a debt, incur debt and defer its payment, or purchase property or services and defer payment for such purchase.
designated transfer date
The term "designated transfer date" means the date established under section 5582 of this title.