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11 chapters · 538 sections in this title.
Mont. Code Ann. § 32-9-101 Short Title And Purpose
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(1) This part may be cited as the "Montana Mortgage Act". (2) The legislature recognizes that buying or financing a home is one of the largest, most complicated, and vitally important decisions facing consumers in Montana. Therefore, the legislature finds it desirable to license …
Mont. Code Ann. § 32-9-102 License Requirement -- Registration
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(1) Unless exempt under 32-9-104, a person may not regularly engage in the business of a mortgage broker, mortgage lender, mortgage servicer, or mortgage loan originator with respect to any residential mortgage loan unless licensed or registered under the provisions of this part …
Mont. Code Ann. § 32-9-103 Definitions
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As used in this part, the following definitions apply: (1) "Administrative or clerical tasks" mean the receipt, collection, and distribution of information common for the processing or underwriting of a loan in the mortgage industry, without performing any analysis of the informa…
Mont. Code Ann. § 32-9-104 Exemptions -- Proof Of Exemption
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(1) The provisions of this part do not apply to: (a) an entity that is an agency of the federal, state, tribal, or local government; (b) an individual who is an employee of a federal, state, tribal, local government, or housing finance agency acting as a loan originator only purs…