Mortgage Licensed Lender

Mortgage Licensed Lender covers laws that apply to consumer-purpose residential mortgage loans made by licensed mortgage lenders in each state. It does not address laws that apply to a loan secured by a time-share interest, fixtures, or a dwelling that is movable personal property (such as a boat or a mobile home.)

If a state has more than one licensing scheme that could apply to a mortgage lender, then Mortgage Licensed Lender addresses the most commonly used licensing scheme. The responses cover the following types of mortgage products:

  • closed-end loans
  • open-end lines of credit
  • first and junior lien
  • purchase money and non-purchase money

Mortgage Licensed Lender addresses issues in a question/answer format. The questions relate to licensing, fee and payment limitations, disclosures, titling and security interests, recordkeeping, collections, and other pertinent issues. The responses cover state statutes, regulations and materials published by the regulating entity. The responses generally do not cover local or municipal ordinances, or issues raised in litigation. Mortgage Licensed Lender includes information about high-cost loans, but is not a comprehensive resource for state laws that apply to high-cost loans.

For a personal guided tour and trial, please contact Michael Willer at 614-855-0505 or by email at

A monthly, multi-faceted legal reporting service for legal compliance professionals and law firms in the consumer unsecured and personal property-secured lending industry interested in installment lending, student lending, payday lending, title lending, pawn transactions, prepaid cards, and open-end lines of credit, including credit cards.

For a demonstration and free trial of our latest legal reporter, please contact Mike Willer at (614) 855-0505. Click here for more info.