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New Jersey Statutes Title 17. Corporations and Institutions for Finance and Insurance 17 § 16F-37

Current as of January 01, 2024 | Updated by Findlaw Staff

a. A mortgage servicer shall comply with all applicable federal laws and regulations relating to mortgage loan servicing, including, but not limited to:

(1) the “Real Estate Settlement Procedures Act of 1974” (12 U.S.C. s.2601 et seq.); and

(2) the “Truth-in-Lending Act” (15 U.S.C. s.1601 et seq.).

b. In addition to any other remedies provided by law, a violation of any federal law or regulation shall be deemed a violation of this section and a basis upon which the commissioner may take enforcement action pursuant to section 14 of this act.  1

1 L.2019, c. 65 (N.J.S.A. § 17:16F-40).
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Cite this article: FindLaw.com - New Jersey Statutes Title 17. Corporations and Institutions for Finance and Insurance 17 § 16F-37 - last updated January 01, 2024 | https://codes.findlaw.com/nj/title-17-corporations-and-institutions-for-finance-and-insurance/nj-st-sect-17-16f-37/

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