If the United States department of housing and urban development determines in writing that any provision of this chapter or its application to any person or circumstance is invalid under Tit. V of the federal Housing and Economic Recovery Act of 2008, Pub. L. No. 110-289, the superintendent is authorized to adopt rules which waive or modify, in whole or in part, requirements of this chapter as necessary to achieve a determination by the United States department of housing and urban development that this state is in compliance with the federal law.
Iowa Code § 535D.22
Compliance with federal law
Known as the Iowa Secure and Fair Enforcement for Mortgage Licensing Act
The act spans §§ 535–535 (24 sections).
2009 Acts, ch 61, §23, 25
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.