Title 40 — Title 40 — Trade And Commerce
32 chapters · 686 sections in this title.
W.S. § 40-14-638 Mortgage call reports
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Mortgage call reports. Each organization employing or contracting with a mortgage loan originator shall submit to the registry reports of condition, which shall be in such form and shall contain such information as required by the registry.
W.S. § 40-14-639 Report to the registry
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Report to the registry. The administrator shall regularly report violations of this act relating to transactions conducted by mortgage loan originators, as well as enforcement actions and other relevant information, to the registry subject to the provisions contained in W.S.
W.S. § 40-14-640 (a) Additional definitions
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(a) Additional definitions. As used in this part: (i) Repealed By Laws 2013, Ch. 27, § 2. (ii) "Clerical or support duties" means: (A) The receipt, collection, distribution and analysis of information common for the processing or underwriting of a residential mortgage loan; and (…
W.S. § 40-14-641 rulemaking
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rulemaking. Loan originator licensing; registration; (a) An individual, unless specifically exempted under subsection (c) of this section, shall not engage in the business of a mortgage loan originator for any dwelling located in Wyoming without first obtaining and maintaining an…
W.S. § 40-14-642 Loan originator application; processing
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Loan originator application; processing. (a) Applicants for a mortgage loan originator license shall apply in a form prescribed by the administrator. Each application form shall contain content as established by the administrator and may be changed or updated as necessary by the …
W.S. § 40-14-643 Issuance of loan originator licenses
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Issuance of loan originator licenses. (a) The administrator shall not issue a mortgage loan originator license unless the administrator makes at a minimum the following findings: (i) The applicant has not had a mortgage loan originator license revoked in any governmental jurisdic…
W.S. § 40-14-644 originators
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originators. Prelicensing and relicensing education of loan (a) In order to meet the prelicensing education requirement referred to in W.S. 40-14-643(a)(iv), a person shall complete at least twenty (20) hours of education approved in accordance with subsection (b) of this section…
W.S. § 40-14-645 Testing of mortgage loan originators
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Testing of mortgage loan originators. (a) In order to meet the written test requirement under W.S. 40-14-643(a)(v), an individual shall pass, in accordance with the standards established under this section, a qualified written test developed by the registry and administered by a …
W.S. § 40-14-646 rulemaking
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rulemaking. Standards for loan originator license renewal; (a) The minimum standards for license renewal for mortgage loan originators shall include the following: (i) The mortgage loan originator continues to meet the minimum standards for license issuance under W.S. 40-14-643(a…
W.S. § 40-14-647 Continuing education for mortgage loan originators; rulemaking
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Continuing education for mortgage loan originators; rulemaking. (a) In order to meet the annual continuing education requirements required by W.S. 40-14-646(a)(ii), a licensed mortgage loan originator shall complete at least eight (8) hours of education approved in accordance wit…
W.S. § 40-14-648 Authority to require license
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Authority to require license. (a) In addition to any other duties imposed upon the administrator by law, the administrator shall require mortgage loan originators to be licensed and registered through the registry. In order to carry out this requirement the administrator may part…
W.S. § 40-14-649 Unique identifier; rulemaking
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Unique identifier; rulemaking. The unique identifier of any person originating a residential mortgage loan shall be clearly shown on all residential mortgage loan applications forms, solicitations or advertisements, including business cards or websites, and any other documents as…
W.S. § 40-14-701 Repealed by Laws 2021, ch
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Repealed by Laws 2021, ch. 14, § 3.
W.S. § 40-14-702 Repealed by Laws 2021, ch
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Repealed by Laws 2021, ch. 14, § 3.