Division of Banking and Financial Institutions

Mortgage Servicer Licensing Required October 1st 2011

Mortgage Servicer Licensing Required October 1, 2011

Montana Division of Banking and Financial Institutions Receives Reaccreditation

The Conference of State Bank Supervisors (CSBS) this week announced that the Montana Division of Banking and Financial Institutions has received its second consecutive accreditation.

Consumer Alert from State Banking Division on Unlicensed Internet Lenders

Press Release concerning unlicensed Internet lenders.

Banking Division Announces Participation in Nationwide Mortgage Licensing System

Annie Goodwin, Commissioner of Banking and Financial Institutions, today announced that, starting January 4, 2010, the Montana Division of Banking and Financial Institutions will begin participation in the Nationwide Mortgage Licensing System.

Consumer Alert on Loan Modification Scams

The Montana Division of Banking and Financial Institutions urges homeowners who are delinquent on their mortgage to be cautious about using the services of someone offering to help them work with their lender to modify the terms of their home loan.

Residential Mortgage Lender Licensing Available Online

The Montana Division of Banking and Financial Institutions has announced that the residential mortgage lender entity and branch applications are available online.

Mortgage Lender Licensing

The Montana Division of Banking and Financial Institutions has announced that a new law passed during the 2007 Regular Legislative Session will require the licensing and regulation of residential mortgage lenders.

Montana Law Requires Licensing of Mortgage Bankers

Annie Goodwin, Commissioner of the Montana Division of Banking and Financial Institutions, announced that the Montana Legislature passed a law, which requires the licensing of mortgage bankers.

Montana Borrowers Afforded New Protections Under Montana Title Loan Act

The Montana Division of Banking and Financial Institutions has announced that amendments to the Montana Title Loan Act (Act) effective on October 1, 2007 will afford greater protection to consumers who obtain title loans. The amendments to the Act, which

Montana Banks - Safe and Sound

Montana Commissioner of Banking and Financial Institutions today assured Montanans that its 64 state-chartered banks are safe and well capitalized.

Guidance on Subprime Mortgage Origination

The Division of Banking and Financial Institutions (division) today announced the adoption of regulatory guidance covering underwriting standards, management practices, and consumer protection provisions that mortgage originators should follow when market

Consumer Alert from State Banking Division on Phishing Scams

The Montana Division of Banking and Financial Institutions today issued a consumer alert to the Montana press corps and consumers warning them about persons or entities engaged in "phishing" scams.

Commitment to Participate in CSBS-AARMR Mortgage Licensing System

Montana Banking Division Announces Commitment to Participate in CSBS/AARMR Mortgage Licensing System.

Phony Lender Advance Fee Scam

The Montana Division of Banking and Financial Institutions today issued a consumer alert to the Montana press corps and consumers warning them about an entity identifying itself as Northbay Alliance Group or Northbay Alliance ("Northbay Alliance").

Guidance on Nontraditional Mortgage Products

Phony Credit Union Phishing Scam

Montana Part of Massive Predatory Lending Settlement