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0 chapters · 408 sections in this title.
Colo. Rev. Stat. § 5-21-102 Scope of article
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Unless otherwise provided in this article 21, this article 21 applies to any person engaged in servicing a residential mortgage loan secured by a dwelling or residential real property located in this state. Source: L. 2021: Entire article added, (HB 21-1282), ch. 482, p. 3436, § …
Colo. Rev. Stat. § 5-21-103 Definitions
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As used in this article 21, unless the context otherwise requires: (1) "Administrator" means the administrator of the "Uniform Consumer Credit Code", articles 1 to 9 of this title 5, designated pursuant to section 5-6-103. (2) "Borrower" means an individual obligated to repay a r…
Colo. Rev. Stat. § 5-21-104 Notification required
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On and after January 31, 2022, a person shall not act as a mortgage servicer, directly or indirectly, without notifying the administrator pursuant to section 5-21-105. Source: L. 2021: Entire article added, (HB 21-1282), ch. 482 p. 3438, § 1, effective January 1, 2022.
Colo. Rev. Stat. § 5-21-105 Notification by mortgage servicers - rules
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(1) Notification. (a) A person acting as a mortgage servicer must notify the administrator and pay the fee prescribed in section 5-21-106 within thirty days after commencing servicing in the state, and, thereafter, on or before January 31 of each year. The notification must state…