6228096, 69V-40.025 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 6228096

Notice of Development of Rulemaking

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

Finance

Chapter:

MORTGAGE BROKERAGE

Overview

RULE:

69V-40.025	Mortgage Broker Examination (Repealed)
69V-40.031	Application Procedure for Mortgage Broker License (Repealed)
69V-40.100	Application Procedure for Transfer in Ownership or Control of Saving Clause Mortgage Lender (Repealed)
69V-40.200	Application Procedure for Mortgage Lender License (Repealed)
69V-40.220	Application Procedure for Correspondent Mortgage Lender License (Repealed)
69V-40.242	Principal Representative (Repealed)

PURPOSE:

During the regular 2008 legislative session, the Florida Legislature passed House Bill 5049. This bill amends Section 494.0033, F.S., to require the Office of Financial Regulation to make available an electronic version of the mortgage broker test by December 31, 2008. Persons required to take the mortgage broker test are required to bear the actual cost for the electronic version of the test; however, the fee may not exceed $75. House Bill 5049 was signed into law (Chapter 2008-135, Laws of Florida) by Governor Crist. The proposed rules will implement these statutory requirements.

SUBJECT:

Mortgage Broker Test.

RULEMAKING AUTHORITY:

494.0011, 494.0033, 494.0016, 494.0061, 494.0062, 494.0065, 494.0067 FS.

LAW:

120.60, 120.695, 494.0033, 494.0061, 494.0062, 494.0065, 494.0067 FS.

PRINT PUBLISH DATE:

10/3/2008 Vol. 34/40

RELATED STATUTES
AND LAWS:

494.0011, 494.0033, 494.0016, 494.0061, 494.0062, 494.0065, 494.0067 FS., 120.60, 120.695, 494.0033, 494.0061, 494.0062, 494.0065, 494.0067 FS.

OVERSIGHT COMMITTEE:

Joint Administrative Procedures Committee
Florida Administrative Law Central Online Network (F.A.L.C.O.N.)

RELATED COURT CASES:

Division of Administrative Hearings

FEDERAL eRULEMAKING
WEB PORTAL:

Regulations.gov

HOW TO LINK TO
THIS NOTICE:

http://www.flrules.org/gateway/ruleno.asp?id=69V-40.025&PDate=10/3/2008&Section=1

REFERENCE MATERIALS:

No reference(s).

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