Industry:
Consumer Loan Companies
Rulemaking Status:
Adopted
Effective Date:
09/01/2018
Rulemaking Subject/About:
DFI has filed a CR-101 to propose amendments to the rules implementing the law. The proposed amendments include: clarifying the roles of parties investing in, owning, and servicing residential mortgage loans; clarifying what residential mortgage loan servicing activities can be conducted outside the United States and its territories; making technical changes where needed; and, restructuring WAC 208-620-900 to make it easier to read.
Upcoming Meetings and Hearings
None scheduled at this time.Documents
- CR-103
This is the agency’s notice of adoption of the amended rules. - Adopted Rules
This is the rule language that becomes effective September 1, 2018. - Concise Explanatory Statement
This document summarizes the comments received on the rulemaking and the agency’s response to the comments after consideration. The comments can be seen in their entirety in the Comments Received section below. - Draft of Proposed Amendments After Consideration of Comments
- CR-102
- Draft of Proposed Amendments
- CR-101
Audio from Rulemaking Hearings
Comments Received
- Comments from Veterans United Home Loans dated June 26, 2018
- Comments from Costas A. Avrakotos dated May 21, 2018
- Comments from Homesight dated May 21, 2018
- Comments from Costas A. Avrakotos dated April 19, 2018
Email Updates
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If you wish to receive paper copies of rulemaking documents you must contact Sara Rietcheck at 360-902-8793 and ask to be added to a paper copy mailing list.