Rulemaking Update

Olympia Capitol Building

DFI has adopted the proposed amendments to the rules on capital requirements for licensees under the Consumer Loan Act servicing residential mortgage loans.

The amended rules become effective January 1, 2018. This extended effective date will allow licensees time to plan for and implement the changes.

Access the proposed language and all the rulemaking documents at http://dfi.wa.gov/rulemaking/2016-residential-mortgage-loan-servicers-capital

If you have questions about the rulemaking process contact Cindy Fazio at 360-902-8800 or lucinda.fazio@dfi.wa.gov.