Winter 2020 Newsletter
Rulemaking Updates
DFI adopted amended rules under the Mortgage Broker Practices Act (WAC 208-660) and the Consumer Loan Act (WAC 208-620). The amendatory language and the Concise Explanatory Statements, which summarize the rule making process, are available by clicking the link below to visit our rulemaking page. Once there, click on either the Mortgage Broker Practices Rulemaking or the Consumer Loan Act Rulemaking.
The final rules became effective November 24, 2019. This date was set based on the effective date of the federal SAFE act amendments.
Visit DFI’s Rulemaking Webpage for rulemaking activity impacting other DFI industries.