Administrative Rule Notices - Banking

Administrative Rule Notices

MAR Notice Number Topics Addressed in Notice Publication Date

2-59-640

Notice of Amendment – Renewal Fees of Mortgage Brokers, Mortgage Lenders, Mortgage Servicers, and Mortgage Loan Originators

8/28/23

2-59-640

Notice of Proposed Amendment – Renewal Fees of Mortgage Brokers, Mortgage Lenders, Mortgage Servicers, and Mortgage Loan Originators

7/7/23

2-59-626

Notice of Amendment pertaining to renewal fees of mortgage brokers, lenders, servicers, and mortgage loan originators

8/26/22

2-59-630

Notice of Proposed Adoption pertaining to activities requiring a license.

12 CFR 1008 appendices

  • Appendix A - Examples of Mortgage Loan Originator Activities
  • Appendix B - Engaging in the Business of a Loan Originator: Commercial Context and Habitualness
  • Appendix C - Independent Contractors and Loan Processor and Underwriter Activities That Require a State Mortgage Loan Originator License
  • Appendix D - Attorneys: Circumstances That Require a State Mortgage Loan Originator License

8/5/22

2-59-626

Notice of Proposed Amendment pertaining to renewal fees of mortgage brokers, lenders, servicers, and mortgage loan originators

6/24/22

2-59-612

Notice of Amendment and Repeal pertaining to:

  • standardized forms and procedures of the NMLS for consumer loan licenses, escrow business licenses, sales finance company licenses, and deferred deposit lender licenses;
  • consumer loan license surrender;
  • definitions for mortgage licensees;
  • revocation, suspension, or surrender of mortgage licenses;
  • initial applications through NMLS for consumer loan licenses, escrow business licenses, sales finance company licenses, and deferred deposit lender licenses;
  • consumer loan license amendments and fees;
  • escrow business license amendments, surrender, and fees
  • sales finance company license amendments, surrender, and fees
  • deferred deposit lender license amendments, surrender, and fees; and
  • table funding requiring licensure for mortgage licensees.

2/11/22

2-59-612

Notice of Proposed Amendment and Repeal pertaining to:

  • standardized forms and procedures of the NMLS for consumer loan licenses, escrow business licenses, sales finance company licenses, and deferred deposit lender licenses;
  • consumer loan license surrender;
  • definitions for mortgage licensees;
  • revocation, suspension, or surrender of mortgage licenses;
  • initial applications through NMLS for consumer loan licenses, escrow business licenses, sales finance company licenses, and deferred deposit lender licenses;
  • consumer loan license amendments and fees;
  • escrow business license amendments, surrender, and fees
  • sales finance company license amendments, surrender, and fees
  • deferred deposit lender license amendments, surrender, and fees; and
  • table funding requiring licensure for mortgage licensees.

12/23/21

2-59-618

Notice of Amendment pertaining to renewal fees of mortgage brokers, lenders, servicers, and loan originators

10/8/21

2-59-618

Notice of Proposed Amendment pertaining to renewal fees of mortgage brokers, lenders, servicers, and loan originators

8/27/21

2-59-613

Notice of Adoption and Amendment pertaining to examination fees, revocation and suspension of mortgage licenses, consumer complaints, confidentiality agreements and sharing arrangements, reinstatement of expired or suspended licenses, mortgage loan origination disclosure form, bona fide not-for-profit certification, and applications for initial licenses near year end

6/11/21

2-59-613

Notice of Proposed Adoption and Amendment pertaining to examination fees, revocation and suspension of mortgage licenses, consumer complaints, confidentiality agreements and sharing arrangements, reinstatement of expired or suspended licenses, mortgage loan origination disclosure form, bona fide not-for-profit certification, and applications for initial licenses near year end

Proposed Forms

4/16/21

2-59-606

Notice of Amendment pertaining to renewal fees of mortgage brokers, mortgage lenders, mortgage servicers, and mortgage loan originators

10/9/20

2-59-604

Notice of Amendment pertaining to designated manager supervisory requirements

10/9/20

2-59-604

Notice of Proposed Amendment pertaining to designated manager supervisory requirements

8/28/20

2-59-606

Notice of Proposed Amendment pertaining to renewal fees of mortgage brokers, mortgage lenders, mortgage servicers, and mortgage loan originators

8/28/20

2-59-602

Notice of Amendment pertaining to report due dates for mortgage servicers and when initial mortgage license applications are deemed abandoned

8/28/20

2-59-602

Notice of Proposed Amendment pertaining to report due dates for mortgage servicers and when initial mortgage license applications are deemed abandoned

7/10/20

2-59-597

Notice of Adoption of Temporary Emergency Rule - Effective March 24, 2020

3/24/20

2-59-586

Notice of Adoption - Government Sponsored Enterprises - Designated Manager Supervisory Requirements - False, Deceptive, or Misleading Advertising - Internet or Electronic Advertising.

12/27/19

2-59-590

Notice of Amendment - Renewal fees for mortgage brokers, lenders, servicers, and originators

11/9/19

2-59-586

Notice of Proposed Adoption - Government sponsored enterprises, designated manager supervisory requirements, false, deceptive, or misleading advertising, and internet or electronic advertising

11/9/19

2-59-590

Notice of Proposed Amendment - Renewal fees for mortgage brokers, lenders, servicers, and originators

9/21/19

2-59-571

Notice of Amendment: Annual Reporting for Consumer Loan Licensees, Escrow Business Reference Updates, Mortgage Definitions, Mortgage Renewal Fees, and Escrow Funds Held by Mortgage Companies

4/28/18

2-59-571

Notice of Proposed Amendment - Annual Reporting for Consumer Loan Licensees - Escrow Business Reference Updates - Mortgage Definitions - Mortgage Renewal Fees - Escrow Funds Held by Mortgage Companies.

2/24/18

2-59-567

Notice of Proposed Amendment - Renewal Fees for Mortgage Brokers, Lenders, Servicers, and Originators

1/12/18

2-59-559

Notice of Adoption - Definition of "Alter" for Mortgage Licensees

9/9/17

2-59-559

Notice of Proposed Adoption - Definition of "Alter" for Mortgage Licensees. No Public Hearing Contemplated

7/8/17

2-59-554

Notice of Amendment and Repeal – Surety Bond – Table Funding – Application of Financial Standards – Reporting Forms for Mortgage Servicers – Standardized Forms and Procedures of the Nationwide Mortgage Licensing System – Clarification of Definition

7/8/17

2-59-554

Notice of Proposed Amendment and Repeal – Surety Bond – Table Funding – Application of Financial Standards – Reporting Forms for Mortgage Servicers – Standardized Forms and Procedures of the Nationwide Mortgage Licensing System – Clarification of Definition. No Public Hearing Contemplated

5/13/17

2-59-546

Notice of Adoption and Amendment - Definition of "Regularly Engage" - Renewal Fees for Mortgage Brokers, Lenders, Servicers, and Originators

10/15/16

2-59-546

Notice of Proposed Adoption and Amendment: Definition of "Regularly Engage" and Renewal Fees for Mortgage Brokers, Lenders, Servicers, and Originators

8/6/16

2-59-541

Notice of Amendment - Determining the Amount of Surety Bond for a New Mortgage Broker or Mortgage Lender

6/18/16

2-59-541

Notice of Proposed Amendment - Determining the Amount of Surety Bond for a New Mortgage Broker or Mortgage Lender

4/23/16

2-59-534

Notice of Amendment - Records to Be Maintained by Mortgage Brokers - Records to Be Maintained by Mortgage Lenders - Reporting Forms for Mortgage Servicers

12/25/15

2-59-534

Notice of Proposed Amendment - Records to Be Maintained by Mortgage Brokers - Records to Be Maintained by Mortgage Lenders - Reporting Forms for Mortgage Servicers. No Public Hearing Contemplated.

10/16/15

2-59-528

Notice of Proposed Amendment - Renewal Fees for Mortgage Brokers, Lenders, Servicers, and Originators. No Public Hearing Contemplated.

 7/31/15

2-59-523

Notice of Amendment - Recovery of the Costs in Bringing an Administrative Action - Treatment of Initial License Applications Submitted Near Year-End - Abandonment of Initial License Applications - Mortgage Licensees.

7/17/15

2-59-523

Notice of Proposed Amendment: Recovery of the Costs in Bringing an Administrative Action; Treatment of Initial License Applications Submitted Near Year-end; and Abandonment of Initial License Applications, All Related to Mortgage Licensees

5/15/15
2-59-516

Corrected Notice of Adoption: Transitioning Existing Escrow Business Company Licenses to the Nationwide Multistate Licensing System and Use of the System for All Future Licensing

04/06/15

2-59-521

Notice of Amendment: Renewal Fees for Mortgage Licensees

11/7/14

2-59-521

Notice of Proposed Amendment: Renewal Fees for Mortgage Licensees

9/19/14

2-59-500

Notice of Adoption, Amendment, and Repeal: Definition of origination of a mortgage loan, certificate of bona fide not-for-profit entity, state-specific prelicensing education, and when an application is deemed abandoned, the amendment of ARM 2.59.1701, 2.59.1702, 2.59.1728, 2.59.1731, and 2.59.1743 pertaining to definitions, proof of experience, standardized forms, reinstatement of licenses, and reporting forms for mortgage servicers, and the repeal of ARM 2.59.1725, 2.59.1727, and 2.59.1749 pertaining to licensing exemptions, mortgage loan originator testing, and written exemption form

12/27/13

2-59-500

Notice of Public Hearing on Proposed Adoption, Amendment, and Repeal: Definition of origination of a mortgage loan, certificate of bona fide not-for-profit entity, state-specific prelicensing education, and when an application is deemed abandoned, the amendment of ARM 2.59.1701, 2.59.1702, 2.59.1728, 2.59.1731, and 2.59.1743 pertaining to definitions, proof of experience, standardized forms, reinstatement of licenses, and reporting forms for mortgage servicers, and the repeal of ARM 2.59.1725, 2.59.1727, and 2.59.1749 pertaining to licensing exemptions, mortgage loan originator testing, and written exemption form

11/1/13

2-59-471

Notice of Amendment and Adoption: Written Exemption Form for Requesting a Mortgage Licensing Exemption

1/18/13

2-59-471

Notice of Proposed Amendment and Adoption: Written Exemption Form for Requesting a Mortgage Licensing Exemption

9/21/12

2-59-462

Notice of Adoption, Amendment, and Repeal: Mortgage Servicers, the amendment of ARM 2.59.1701, 2.59.1703, 2.59.1706, 2.59.1707, 2.59.1709, 2.59.1725, 2.59.1727, 2.59.1728, 2.59.1730, 2.59.1731, and the repeal of ARM 2.59.1721, 2.59.1722, 2.59.1723, 2.59.1732, and 2.59.1736

9/7/12

2-59-458

Corrected Notice of Adoption: Financial Responsibility of Mortgage Loan Originators and Control Persons and Ultimate Equity Owners of Mortgage Entities

6/22/12

2-59-462

Notice of Public Hearing on Proposed Adoption, Amendment and Repeal: Mortgage Servicers, the amendment of ARM 2.59.1701, 2.59.1703, 2.59.1706, 2.59.1707, 2.59.1709, 2.59.1725, 2.59.1727, 2.59.1728, 2.59.1730, 2.59.1731, and the repeal of ARM 2.59.1721, 2.59.1722, 2.59.1723, 2.59.1732, and 2.59.1736

4/27/12

2-59-458

Notice of Adoption: Financial Responsibility of Mortgage Loan Originators and Control Persons and Ultimate Equity Owners of Mortgage Entities

1/27/12

MAR Notice Number Topics Addressed in Notice Publication Date

2-59-612

Notice of Amendment and Repeal pertaining to:

  • standardized forms and procedures of the NMLS for consumer loan licenses, escrow business licenses, sales finance company licenses, and deferred deposit lender licenses;
  • consumer loan license surrender;
  • definitions for mortgage licensees;
  • revocation, suspension, or surrender of mortgage licenses;
  • initial applications through NMLS for consumer loan licenses, escrow business licenses, sales finance company licenses, and deferred deposit lender licenses;
  • consumer loan license amendments and fees;
  • escrow business license amendments, surrender, and fees
  • sales finance company license amendments, surrender, and fees
  • deferred deposit lender license amendments, surrender, and fees; and
  • table funding requiring licensure for mortgage licensees.

2/11/22

2-59-612

Notice of Proposed Amendment and Repeal pertaining to:

  • standardized forms and procedures of the NMLS for consumer loan licenses, escrow business licenses, sales finance company licenses, and deferred deposit lender licenses;
  • consumer loan license surrender;
  • definitions for mortgage licensees;
  • revocation, suspension, or surrender of mortgage licenses;
  • initial applications through NMLS for consumer loan licenses, escrow business licenses, sales finance company licenses, and deferred deposit lender licenses;
  • consumer loan license amendments and fees;
  • escrow business license amendments, surrender, and fees
  • sales finance company license amendments, surrender, and fees
  • deferred deposit lender license amendments, surrender, and fees; and
  • table funding requiring licensure for mortgage licensees.

12/23/21

2-59-618

Notice of Amendment pertaining to renewal fees of mortgage brokers, lenders, servicers, and loan originators

10/8/21

2-59-618

Notice of Proposed Amendment pertaining to renewal fees of mortgage brokers, lenders, servicers, and loan originators

8/27/21

2-59-606

Notice of Proposed Amendment pertaining to renewal fees of mortgage brokers, mortgage lenders, mortgage servicers, and mortgage loan originators

8/28/20

2-59-602

Notice of Amendment pertaining to report due dates for mortgage servicers and when initial mortgage license applications are deemed abandoned

8/28/20

2-59-602

Notice of Proposed Amendment pertaining to report due dates for mortgage servicers and when initial mortgage license applications are deemed abandoned

7/10/20

2-59-597

Notice of Adoption of Temporary Emergency Rule - Effective March 24, 2020

3/24/20

2-59-586

Notice of Adoption - Government Sponsored Enterprises - Designated Manager Supervisory Requirements - False, Deceptive, or Misleading Advertising - Internet or Electronic Advertising.

12/27/19

2-59-590

Notice of Amendment - Renewal fees for mortgage brokers, lenders, servicers, and originators

11/9/19

2-59-586

Notice of Proposed Adoption - Government sponsored enterprises, designated manager supervisory requirements, false, deceptive, or misleading advertising, and internet or electronic advertising

11/9/19

2-59-590

Notice of Proposed Amendment - Renewal fees for mortgage brokers, lenders, servicers, and originators

9/21/19

2-59-571

Notice of Proposed Amendment - Annual Reporting for Consumer Loan Licensees - Escrow Business Reference Updates - Mortgage Definitions - Mortgage Renewal Fees - Escrow Funds Held by Mortgage Companies.

2/24/18

2-59-567

Notice of Proposed Amendment - Renewal Fees for Mortgage Brokers, Lenders, Servicers, and Originators

1/12/18

2-59-546

Notice of Adoption and Amendment - Definition of "Regularly Engage" - Renewal Fees for Mortgage Brokers, Lenders, Servicers, and Originators

10/15/16

2-59-528

Notice of Proposed Amendment - Renewal Fees for Mortgage Brokers, Lenders, Servicers, and Originators. No Public Hearing Contemplated.

 7/31/15

2-59-523

Notice of Proposed Amendment: Recovery of the Costs in Bringing an Administrative Action; Treatment of Initial License Applications Submitted Near Year-end; and Abandonment of Initial License Applications, All Related to Mortgage Licensees

5/15/15

2-59-521

Notice of Amendment: Renewal Fees for Mortgage Licensees

11/7/14

5-59-521

Notice of Proposed Amendment: Renewal Fees for Mortgage Licensees

9/19/14

2-59-500

Notice of Adoption, Amendment, and Repeal: Definition of origination of a mortgage loan, certificate of bona fide not-for-profit entity, state-specific prelicensing education, and when an application is deemed abandoned, the amendment of ARM 2.59.1701, 2.59.1702, 2.59.1728, 2.59.1731, and 2.59.1743 pertaining to definitions, proof of experience, standardized forms, reinstatement of licenses, and reporting forms for mortgage servicers, and the repeal of ARM 2.59.1725, 2.59.1727, and 2.59.1749 pertaining to licensing exemptions, mortgage loan originator testing, and written exemption form

12/27/13

2-59-500

Notice of Public Hearing on Proposed Adoption, Amendment, and Repeal: Definition of origination of a mortgage loan, certificate of bona fide not-for-profit entity, state-specific prelicensing education, and when an application is deemed abandoned, the amendment of ARM 2.59.1701, 2.59.1702, 2.59.1728, 2.59.1731, and 2.59.1743 pertaining to definitions, proof of experience, standardized forms, reinstatement of licenses, and reporting forms for mortgage servicers, and the repeal of ARM 2.59.1725, 2.59.1727, and 2.59.1749 pertaining to licensing exemptions, mortgage loan originator testing, and written exemption form

11/1/13

2-59-458

Corrected Notice of Adoption: Financial Responsibility of Mortgage Loan Originators and Control Persons and Ultimate Equity Owners of Mortgage Entities

6/22/12

2-59-458

Notice of Adoption: Financial Responsibility of Mortgage Loan Originators and Control Persons and Ultimate Equity Owners of Mortgage Entities

1/27/12

MAR Notice Number Topics Addressed in Notice Publication Date

2-59-612

Notice of Amendment and Repeal pertaining to:

  • standardized forms and procedures of the NMLS for consumer loan licenses, escrow business licenses, sales finance company licenses, and deferred deposit lender licenses;
  • consumer loan license surrender;
  • definitions for mortgage licensees;
  • revocation, suspension, or surrender of mortgage licenses;
  • initial applications through NMLS for consumer loan licenses, escrow business licenses, sales finance company licenses, and deferred deposit lender licenses;
  • consumer loan license amendments and fees;
  • escrow business license amendments, surrender, and fees
  • sales finance company license amendments, surrender, and fees
  • deferred deposit lender license amendments, surrender, and fees; and
  • table funding requiring licensure for mortgage licensees.

2/11/22

2-59-612

Notice of Proposed Amendment and Repeal pertaining to:

  • standardized forms and procedures of the NMLS for consumer loan licenses, escrow business licenses, sales finance company licenses, and deferred deposit lender licenses;
  • consumer loan license surrender;
  • definitions for mortgage licensees;
  • revocation, suspension, or surrender of mortgage licenses;
  • initial applications through NMLS for consumer loan licenses, escrow business licenses, sales finance company licenses, and deferred deposit lender licenses;
  • consumer loan license amendments and fees;
  • escrow business license amendments, surrender, and fees
  • sales finance company license amendments, surrender, and fees
  • deferred deposit lender license amendments, surrender, and fees; and
  • table funding requiring licensure for mortgage licensees.

12/23/21

2-59-552

Notice of Amendment and Repeal: Standardized Forms and Procedures - Transition of Sales Finance Company Licensees to the NMLS

12/24/16

2-59-552

Notice of Proposed Amendment and Repeal: Standardized Forms and Procedures - Transition of Sales Finance Company Licensees to the NMLS

10/29/16

2-59-214

Corrected Notice of Adoption: Transitioning Existing Sales Finance Company Licenses to the Nationwide Multistate Licensing System and Use of the System for All Future Licensing

04/07/15

2-59-514

Notice of Adoption: Effective: Transitioning Existing Sales Finance Company Licenses to the Nationwide Multistate Licensing System and Use of the System for All Future Licensing

10/10/14

2-59-514

Notice of Proposed Adoption: Transitioning Existing Sales Finance Company Licenses to the Nationwide Multistate Licensing System and Use of the System for All Future Licensing

08/08/14

MAR Notice Number Topics Addressed in Notice Publication Date

2-59-612

Notice of Amendment and Repeal pertaining to:

  • standardized forms and procedures of the NMLS for consumer loan licenses, escrow business licenses, sales finance company licenses, and deferred deposit lender licenses;
  • consumer loan license surrender;
  • definitions for mortgage licensees;
  • revocation, suspension, or surrender of mortgage licenses;
  • initial applications through NMLS for consumer loan licenses, escrow business licenses, sales finance company licenses, and deferred deposit lender licenses;
  • consumer loan license amendments and fees;
  • escrow business license amendments, surrender, and fees
  • sales finance company license amendments, surrender, and fees
  • deferred deposit lender license amendments, surrender, and fees; and
  • table funding requiring licensure for mortgage licensees.

2/11/22

2-59-612

Notice of Proposed Amendment and Repeal pertaining to:

  • standardized forms and procedures of the NMLS for consumer loan licenses, escrow business licenses, sales finance company licenses, and deferred deposit lender licenses;
  • consumer loan license surrender;
  • definitions for mortgage licensees;
  • revocation, suspension, or surrender of mortgage licenses;
  • initial applications through NMLS for consumer loan licenses, escrow business licenses, sales finance company licenses, and deferred deposit lender licenses;
  • consumer loan license amendments and fees;
  • escrow business license amendments, surrender, and fees
  • sales finance company license amendments, surrender, and fees
  • deferred deposit lender license amendments, surrender, and fees; and
  • table funding requiring licensure for mortgage licensees.

12/23/21

2-59-597

Notice of Adoption of Temporary Emergency Rule - Effective March 24, 2020

3/24/20

2-59-571

Notice of Amendment: Annual Reporting for Consumer Loan Licensees, Escrow Business Reference Updates, Mortgage Definitions, Mortgage Renewal Fees, and Escrow Funds Held by Mortgage Companies

4/28/18

2-59-571

Notice of Proposed Amendment - Annual Reporting for Consumer Loan Licensees - Escrow Business Reference Updates - Mortgage Definitions - Mortgage Renewal Fees - Escrow Funds Held by Mortgage Companies.

2/24/18

2-59-558

Notice of Adoption - Due Date of Annual Financial Statement for Escrow Licensee.

07/22/17

2-59-558

Notice of Proposed Adoption - Annual Financial Statement and Escrow Activities Report and Due Date

05/27/17

2-59-551

Notice of Amendment and Repeal - Application Procedure - Standardized Forms and Procedures - Transition of Escrow Business Licensees to the NMLS.

12/24/16
2-59-551 Notice of Proposed Amendment and Repeal - Application Procedure - Standardized Forms and Procedures - Transition of Escrow Business Licensees to the NMLS 10/29/16
2-59-516

Corrected Notice of Adoption: Transitioning Existing Escrow Business Company Licenses to the Nationwide Multistate Licensing System and Use of the System for All Future Licensing

04/06/15

2-59-516

Notice of Adoption : Transitioning Existing Escrow Business Company Licenses to the Nationwide Multistate Licensing System and Use of the System for All Future Licensing

10/09/14

2-59-516

Notice of Proposed Adoption: Transitioning Existing Escrow Business Company Licenses to the Nationwide Multistate Licensing System and Use of the System for All Future Licensing

08/08/14

The Montana Division of Banking and Financial Institutions does not provide no-action or opinion letters regarding licensing. We ask individuals to consult with their own legal counsel to determine if a license or charter is needed.