Maryland Code, COMMERCIAL LAW 14-1216
Terms Used In Maryland Code, COMMERCIAL LAW 14-1216
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
(1) Submit to the Commissioner a registration on the form that the Commissioner provides;
(2) Unless granted an exemption by the Commissioner, file with the Commissioner a bond or bond alternative as required under § 14-1217 of this subtitle; and
(3) Fulfill any other requirements for registration.
(b) The registration shall include any information that the Commissioner requires by regulation.
(c) A registration is not complete unless it meets the requirements of subsections (a) and (b) of this section.
(d) Except as provided in § 14-1226 of this subtitle, all fees and other revenues collected under this subtitle shall be deposited into the nondepository special fund established under § 11-610 of the Financial Institutions Article.
(e) The Commissioner may require a consumer reporting agency to register through the Nationwide Mortgage Licensing System and Registry or through other means specified by the Commissioner by regulation.