Revised Code of Washington
2024 Archive

Chapter 19.146 RCW
MORTGAGE BROKER PRACTICES ACT
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PDF of Complete Chapter
Sections
19.146.005Findings and declaration.
19.146.010Definitions.
19.146.020Exemptions from chapter.
19.146.0201Loan originator, mortgage broker—Prohibitions—Requirements.
19.146.030Written disclosure of fees and costs—Rules—Contents—Lock-in agreement terms—Excess fees limited.
19.146.040Written contract required—Contract entered by loan originator binding on mortgage broker—Written loan broker agreement required.
19.146.050Moneys for third-party provider services deemed in trust—Deposit of moneys in trust account—Use of trust account—Rules—Tax treatment.
19.146.060Accounting requirements.
19.146.070Fee, commission, or compensation—When permitted.
19.146.080Borrowers unable to obtain loans—Mortgage broker to provide copies of certain documents—Conditions—Exceptions.
19.146.085Duties—Generally.
19.146.095Fiduciary duties.
19.146.100Violations of chapter—Application of consumer protection act.
19.146.103Financial interest in a mortgage broker—Prohibited practices.
19.146.110Criminal penalty.
19.146.200Mortgage broker or loan originator—License required—Suit or action for collection of compensation—Designated broker required.
19.146.205License—Application—Applicant to furnish information establishing identity—Background check—Fee—Bond or alternative.
19.146.210License—Requirements for issuance—Denial—Validity—Surrender—Interim license—Rules.
19.146.215Continuing education—Rules.
19.146.218Informal settlement of complaints or enforcement actions—Director's discretion.
19.146.220Director—Powers and duties—Violations as separate violations—Rules.
19.146.221Action by director—Hearing—Sanction.
19.146.223Director—Administration and interpretation.
19.146.225Director—Rule-making powers.
19.146.226Director—Licensing rules and interim procedures.
19.146.227Cease and desist order—Action to enjoin and enforce.
19.146.228Fees—Exception.
19.146.230Administrative procedure act application.
19.146.233Subpoena authority—Application—Contents—Notice—Fees.
19.146.235Director's authority to conduct investigations and examinations—Rules—Penalty.
19.146.237Director—Powers under chapter 19.144 RCW.
19.146.240Violations—Claims against bond or alternative.
19.146.245Violations—Liability.
19.146.250Authority restricted to person named in license—Exceptions.
19.146.260Registered agent for brokers without physical office in state—Venue.
19.146.265Branch offices—Fee—Licenses—Rules.
19.146.300Loan originator license—Application—Applicant to furnish information establishing identification—Background check—Fees—Rules.
19.146.310Loan originator license—Requirements for issuance—Denial—Validity—Expiration—Surrender—Interim license.
19.146.320Loan originator license—Not assignable.
19.146.325Loan originator license—Test.
19.146.340Loan originator applicants.
19.146.350Loan originators—Continuing education—Requirements.
19.146.353Residential mortgage loan modification services—Written fee agreement—Limitation on fees—Rules.
19.146.355Third-party residential mortgage loan modification services providers—Duties—Restrictions.
19.146.357Mortgage loan originator—License required—Nationwide mortgage licensing system and registry.
19.146.360Director's duty—Process to challenge information—Nationwide mortgage licensing system and registry.
19.146.370Disclosure of information—Privilege—Confidentiality—Exceptions.
19.146.380Director's authority to contract—Records and fees.
19.146.390Mortgage brokers—Call reports—Licensing system and registry.
19.146.400Director's authority—Violation and enforcement reporting.
19.146.900Short title.
19.146.903Effective dates—1994 c 33.
19.146.904Implementation of act—2006 c 19.
19.146.905Effective date—2006 c 19.