Maryland Code, FINANCIAL INSTITUTIONS 11-622
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Terms Used In Maryland Code, FINANCIAL INSTITUTIONS 11-622
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
(a) Notwithstanding Title 4, Subtitles 1 through 5 of the General Provisions Article, and subject to § 11-620 of this subtitle, the Commissioner shall report adjudicated enforcement actions and other relevant information to the Nationwide Mortgage Licensing System and Registry.
(b) The Commissioner shall adopt regulations establishing a process by which a licensee or an applicant for a license may challenge information entered by the Commissioner into the Nationwide Mortgage Licensing System and Registry.