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Idaho Exempts Residential Mortgage Lenders from Idaho Credit Code Licensing Requirements |
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4-01-08
Idaho passed a
bill exempting residential mortgage lenders from the licensing requirements of
the Idaho Credit Code. Under the new law, a mortgage lender licensed under the
Residential Mortgage Practices Act is no longer required to obtain a license
under the Idaho Credit Code when making subordinate lien mortgage loans. The
bill becomes effective July 1, 2008.
View Full Update on AllRegs.com |
