Regulatory Alerts2014-10-01
Added · Updated
Proposed Amendments to Regulations 2101, 2102, 2104, 2201, 2202, 2701, 2901, and 2902
The State Bank Commissioner proposes to amend Regulations 2101, 2102, 2104, 2201, 2202, 2701, 2901, and 2902 to clarify existing rules and reduce regulatory burden for mortgage loan brokers, licensed lenders, check cashers, and motor vehicle financiers. The amendments specify operating requirements, minimum record-keeping obligations, and disclosure standards under Title 5 of the Delaware Code. Public comments on the proposed regulations must be received by November 3, 2014.