During the regular 2008 legislative session, the Florida Legislature passed House Bill 5049. This bill amends Section 494.0033, F.S., to require the Office of Financial Regulation to make available an electronic version of the mortgage broker test ...  


  • RULE NO: RULE TITLE
    69V-40.025: Mortgage Broker Examination
    69V-40.031: Application Procedure for Mortgage Broker License
    69V-40.100: Application Procedure for Transfer in Ownership or Control of Saving Clause Mortgage Lender
    69V-40.200: Application Procedure for Mortgage Lender License
    69V-40.220: Application Procedure for Correspondent Mortgage Lender License
    69V-40.242: Principal Representative
    PURPOSE AND EFFECT: During the regular 2008 legislative session, the Florida Legislature passed House Bill 5049. This bill amends Section 494.0033, F.S., to require the Office of Financial Regulation to make available an electronic version of the mortgage broker test by December 31, 2008. Persons required to take the mortgage broker test are required to bear the actual cost for the electronic version of the test; however, the fee may not exceed $75. House Bill 5049 was signed into law (Chapter 2008-135, Laws of Florida) by Governor Crist. The proposed rules will implement these statutory requirements.
    SUBJECT AREA TO BE ADDRESSED: Mortgage Broker Test.
    SPECIFIC AUTHORITY: 494.0011, 494.0033, 494.0016, 494.0061, 494.0062, 494.0065, 494.0067 FS.
    LAW IMPLEMENTED: 120.60, 120.695, 494.0033, 494.0061, 494.0062, 494.0065, 494.0067 FS.
    IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE NOTICED IN THE NEXT AVAILABLE FLORIDA ADMINISTRATIVE WEEKLY.
    THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Greg Oaks, Bureau Chief, Office of Financial Regulation, The Fletcher Building, 200 East Gaines Street, Tallahassee, Florida 32399, (850)410-9805, greg.oaks@flofr.com. A request for a rule workshop must be in writing and received by the Office of Financial Regulation no later than 5:00 p.m. on October 10, 2008

    THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS NOT AVAILABLE.

Document Information

Subject:
Mortgage Broker Test.
Purpose:
During the regular 2008 legislative session, the Florida Legislature passed House Bill 5049. This bill amends Section 494.0033, F.S., to require the Office of Financial Regulation to make available an electronic version of the mortgage broker test by December 31, 2008. Persons required to take the mortgage broker test are required to bear the actual cost for the electronic version of the test; however, the fee may not exceed $75. House Bill 5049 was signed into law (Chapter 2008-135, Laws of ...
Rulemaking Authority:
494.0011, 494.0033, 494.0016, 494.0061, 494.0062, 494.0065, 494.0067 FS.
Law:
120.60, 120.695, 494.0033, 494.0061, 494.0062, 494.0065, 494.0067 FS.
Contact:
Greg Oaks, Bureau Chief, Office of Financial Regulation, The Fletcher Building, 200 East Gaines Street, Tallahassee, Florida 32399, (850)410-9805, greg.oaks@flofr.com. A request for a rule workshop must be in writing and received by the Office of Financial Regulation no later than 5:00 p.m. on October 10, 2008
Related Rules: (6)
69V-40.025. Mortgage Broker Examination
69V-40.031. Application Procedure for Mortgage Broker License
69V-40.100. Application Procedure for Change in Ownership or Control of Saving Clause Mortgage Lender
69V-40.200. Application Procedure for Mortgage Lender License
69V-40.220. Application Procedure for Correspondent Mortgage Lender License
More ...