Colorado adopted rules amending requirements under the Mortgage Loan Originator Licensing and Mortgage Company Registration Act (MLOLMCRA). Under the adopted rules, a mortgage loan originator is no longer required to adhere to certain disclosure requirements related to 4 Colo. Code Regs. § 725-3, Rule 5.7 (Tangible Net Benefit) and 4 Colo. Code Regs. § 725-3, Rule 5.8 (Tangible Net Benefit Disclosure Form) as those requirements have been repealed under the rule adoption. The adopted rules become effective September 30, 2025.
Click to view the Colorado RA #18980: https://www.tenaco.com/wp-content/uploads/2025/08/CO-RA-18980-07-22-25.pdf
