Tag Archive: "Colorado"
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Colorado Enacts MLO Licensing Provisions
The Colorado Division of Real Estate has adopted provisions regarding the temporary authority to act as a mortgage loan originator. These provisions are effective immediately.
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Colorado Modifies Title 12 Provisions
The state of Colorado has modified provisions under Title 12, including those relating to its Mortgage Loan Originator Licensing and Mortgage Company Registration Act.
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Colorado Adopts Pre-Licensing Provision
The Colorado Department of Regulatory Agencies, Division of Real Estate, has adopted a provision regarding pre-licensing education requirements. This provision is effective as of November 14, 2018.
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Colorado Amends MLO Licensing and Consumer Protection Provisions
MLO Licensing The state of Colorado has amended MLO licensing provisions under its Mortgage Loan Originator Licensing and Mortgage Company Registration Act. These provisions are effective as of August 8, 2018. License Requirements Under the previous provision, mortgage loan originators were required to complete a mortgage lending fundamentals course which included at least nine hours […]
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Colorado Enacts Uniform Trust Code Provisions
Colorado has added new provisions to its Uniform Trust Code. These provisions are effective as of January 1, 2019.
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Colorado Amends Foreclosure Provisions
Colorado has amended several of its provisions concerning modification of the foreclosure process on property that is encumbered by a deed of trust.
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Colorado Amends Mortgage Loan Originator Provisions and Fair Debt Collection Practices Act Provisions
Colorado has made minor amendments to its Fair Debt Collection Practices Act and has amended its provisions regarding Mortgage Loan Originator (MLO) exemption requirements.
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Colorado Adopts Notarial Acts Provisions
Colorado has enacted several new provisions regarding its Revised Uniform Law on Notarial Acts. These provisions are effective as of August 9, 2017.
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Colorado Adopts MLO and Mortgage Company Provisions
The Colorado Department of Regulatory Agencies, Division of Real Estate, has adopted provisions regarding mortgage loan originators and mortgage companies. Amendments include updates and repeals to definitions and professional standards under 4 CCR 725-3. These amendments are effective as of March 17, 2017.
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Colorado Amends Provisions Related to Debts Secured by Real Property
Colorado House Bill 16-1356 amends Colorado Revised Statutes 38-35-124 and most notably adds sections 4(a) and (b). These new provisions cover the satisfaction of a debt secured by real property. C.R.S. 38-35-124(4)(a) This provision covers the satisfaction of a debt secured by real property where the indebtedness has been satisfied by the debtor but the […]