Each mortgage loan originator licensee shall submit reports of condition to the nationwide mortgage licensing system and registry unless the mortgage loan originator’s activity is included in a report submitted by the mortgage loan originator’s employer in accordance with section 535B.11, subsection 3, section 535B.18, or section 536A.14, subsection 2. The reports shall be in such form and shall contain such information as the nationwide mortgage licensing system and registry may require.
Iowa Code § 535D.23
Reports of condition required — exceptions
Known as the Iowa Secure and Fair Enforcement for Mortgage Licensing Act
The act spans §§ 535–535 (24 sections).
2011 Acts, ch 102, §9
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.