West Virginia Code 31-17A-11 – Nationwide Mortgage Licensing System and Registry information challenge process
Current as of: 2023 | Check for updates
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The commissioner shall establish a process in accordance with the Administrative Procedures Act, provided in article five, chapter twenty-nine-a of this code, whereby mortgage loan originators may challenge information entered into the Nationwide Mortgage Licensing System and Registry by the commissioner.
Terms Used In West Virginia Code 31-17A-11
- Commissioner: means the Commissioner of Financial Institutions of this state. See West Virginia Code 31-17A-2
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC