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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-42: Violators barred from acting as residential mortgage servicer.
16. The commissioner may order that any person who has been found to have knowingly violated any provision of this act, or of the rules and regulations issued pursuant hereto, and has thereby caused financial harm to consumers, be barred from acting as a residential mortgage servicer, residential mortgage lender, residential mortgage broker, or mortgage loan originator, or a stockholder, an officer, director, partner or other owner, or an employee of a licensee, or acting in any other capacity pursuant to this act. A violation of this final order shall be considered a crime of the third degree.
L.2019, c.65, s.16.
This section added to the Rutgers Database: 2019-05-11 16:07:28.
Older versions of 17:16f-42 (if available):
Court decisions that cite this statute:
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