§ 2242 - Report to nationwide mortgage licensing system and registry - Vermont Statutes

§ 2242. Report to nationwide mortgage licensing system and registry

(a) Subject to state privacy and confidentiality law, the commissioner is required to report regularly violations of this chapter, as well as enforcement actions and other relevant information, to the Nationwide Mortgage Licensing System and Registry subject to the provisions contained in section 2243 of this title.

(b) A licensee may challenge information the commissioner enters into the Nationwide Mortgage Licensing System and Registry in accordance with the administrative procedure act (chapter 25 of Title 3) and any rules adopted by the department on hearing procedures. (Added 2009, No. 29, § 1.)