Regulatory Alerts2014-12-01
Added · Updated
Final Order Adopting Amended Regulations 2101, 2102, 2104, 2201, 2202, 2701, 2901, and 2902
The State Bank Commissioner adopts amended Regulations 2101, 2102, 2104, 2201, 2202, 2701, 2901, and 2902 as proposed, with an effective date of December 11, 2014. These regulations impose specific record-keeping, disclosure, and operational requirements on licensees under Delaware Code Chapters 21, 22, 27, and 29. The amendments mandate detailed maintenance of applicant and borrower records, including registers, litigation files, and advertising logs, while also establishing strict rules for written agreements, mortgage loan originator identification, and internet website disclosures.
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