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STATE OF UTAH DEPARTMENT OF COMMERCEDIVISION OF REAL ESTATE UTAH RESIDENTIAL MORTGAGE PRACTICES AND LICENSING RULES August 7, 2013TABLE OF CONTENTS R1622c101. Title ...........................................................................................................................1 R1622c102.
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Utah residential mortgage practices encompass the rules and regulations governing the mortgage industry in Utah.
Mortgage brokers, lenders, and loan originators are required to file Utah residential mortgage practices.
Utah residential mortgage practices can be filled out either electronically or on paper, following the guidelines provided by the Utah Department of Financial Institutions.
The purpose of Utah residential mortgage practices is to ensure compliance with state laws and protect consumers in the mortgage market.
Information such as loan originator details, borrower information, loan terms, and fees must be reported on Utah residential mortgage practices.
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