N.D. Cent. Code § 13-13-03: Residential mortgage loan servicing license required
Where this section sits in the code
- Title 13 Debtor And Creditor Relationship
- Chapter 13-13 Residential Mortgage Loan Servicers
Except as otherwise provided, a person other than a residential mortgage loan servicer licensed and authorized under this chapter may not engage in residential mortgage loan servicing, either as a servicer, subservicer, or mortgage servicing rights investor, in the state without a residential mortgage loan servicer license issued by the commissioner. A person engages in residential mortgage loan servicing in the state if the borrower resides in North Dakota.
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