Section 11-604 - Application. - Maryland Statutes

§ 11-604. Application.
 

(a)  In general.-  

(1) To apply for a license, an applicant shall complete, sign, and submit to the Commissioner an application made under oath on the form that the Commissioner requires. 

(2) The applicant shall comply with all conditions and provisions of the application for a license. 

(b)  Fees.- With each application, the applicant shall pay to the Commissioner: 

(1) A nonrefundable investigation fee set by the Commissioner; and 

(2) A license fee set by the Commissioner. 

(c)  Payment of fees required by Nationwide Mortgage Licensing System and Registry.- In addition to the license fee required under subsection (b)(2) of this section, an applicant for an initial license shall pay to the Nationwide Mortgage Licensing System and Registry any fees that the Nationwide Mortgage Licensing System and Registry imposes in connection with the application. 

(d)  Applicant to provide information concerning identity.- In connection with an initial application for a license under this section and at any other time the Commissioner requests, an applicant or licensee shall provide to the Nationwide Mortgage Licensing System and Registry information concerning the applicant's identity, including: 

(1) Fingerprints for submission to the Federal Bureau of Investigation, and any other governmental agency or entity authorized to receive this information for a state, national, or international criminal history background check; and 

(2) Personal history and experience in a form prescribed by the Nationwide Mortgage Licensing System and Registry, including the submission of authorization for the Nationwide Mortgage Licensing System and Registry and the Commissioner to obtain: 

(i) An independent credit report from a consumer reporting agency described in the federal Fair Credit Reporting Act, 15 U.S.C. § 1681a(p); and 

(ii) Information related to any administrative, civil, or criminal findings by any governmental jurisdiction. 

(e)  Power to act as agent for request and distribution of information.- To implement this subtitle, the Commissioner may use the Nationwide Mortgage Licensing System and Registry as a channeling agent to request information from and distribute information to the Department of Justice, any other governmental agency with subject matter jurisdiction, and any other state licensing entity that has loan originators registered with the Nationwide Mortgage Licensing System and Registry. 

(f)  Applicant or licensee to provide fingerprints.- In addition to the requirement under subsection (d) of this section, in connection with an initial application for a license under this section, and at any other time that the Commissioner requests, an applicant or licensee shall provide fingerprints for use by the Criminal Justice Information System Central Repository of the Department of Public Safety and Correctional Services to conduct criminal history records checks. 

(g)  Applicant or licensee to pay fees for fingerprinting.- An applicant or licensee required to provide fingerprints under this section shall pay any processing or other fees required by the Federal Bureau of Investigation, the Nationwide Mortgage Licensing System and Registry, and the Criminal Justice Information System Central Repository of the Department of Public Safety and Correctional Services. 
 

[2005, ch. 590; 2008, ch. 7, § 2; ch. 8, § 2; 2009, ch. 4; ch. 60, § 5.]