Published on Wednesday, October 23, 2019
Division Releases 2018 Mortgage Examination Supervisory Overview
The Montana Division of Banking and Financial Institutions (Division) conducts routine examinations of mortgage brokers, lenders, and servicers licensed in Montana to analyze compliance with state statutes and federal regulations governing mortgage origination and servicing activities. This guidance is intended to bring attention to deficiencies the Division has identified in routine examinations since 2018. The Division requests that licensees conduct any necessary review of their practices in order to ensure compliance with the applicable statutes and rules.
The report can be viewed here: 2018 Supervisory Overview
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