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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

    Chapter 16f: Legislative findings and declarations

      Section: 17:16f-37: Compliance with federal laws, regulations.

          11. a. A mortgage servicer shall comply with all applicable federal laws and regulations relating to mortgage loan servicing, including, but not limited to:

(1) the "Real Estate Settlement Procedures Act of 1974" (12 U.S.C. s.2601 et seq.); and

(2) the "Truth-in-Lending Act" (15 U.S.C. s.1601 et seq.).

b. In addition to any other remedies provided by law, a violation of any federal law or regulation shall be deemed a violation of this section and a basis upon which the commissioner may take enforcement action pursuant to section 14 of this act.

L.2019, c.65, s.11.

This section added to the Rutgers Database: 2019-05-11 16:07:18.






Older versions of 17:16f-37 (if available):



Court decisions that cite this statute: CLICK HERE.