| WAC Sections | ||
| 208-620-010 | Definitions. | |
| 208-620-011 | How does the department interpret certain definitions in RCW 31.04.015? | |
EXEMPTION FROM LICENSING | ||
| 208-620-104 | Who is exempt from licensing as a consumer loan company? | |
| 208-620-105 | Who is exempt from licensing as a mortgage loan originator under this act? | |
COMPANY LICENSING | ||
| 208-620-230 | Do I need a consumer loan license to lend money, extend credit, service or modify the terms of residential mortgage loans, or service student education loans? | |
| 208-620-231 | Who must have a consumer loan license to service residential mortgage loans secured by Washington residential real estate or obligating Washington residents? | |
| 208-620-232 | Can I make a small number of residential mortgage loans without being licensed at the company level? | |
| 208-620-234 | Must a company that provides loan processing or underwriting services on residential mortgage loans be licensed under the Consumer Loan Act? | |
| 208-620-235 | When making loans, is there a maximum rate of interest allowed under the act? | |
| 208-620-250 | Is my company required to have a licensed location in the state of Washington? | |
| 208-620-251 | Are there any additional requirements for out-of-state licensees? | |
| 208-620-260 | If I am licensed under the Consumer Loan Act, can I broker residential mortgage loans in the state of Washington? | |
| 208-620-271 | Do I need a license to assist a homeowner with a residential mortgage loan modification? | |
| 208-620-280 | How do I apply for a consumer loan license? | |
| 208-620-281 | What will happen if my license application is incomplete? | |
| 208-620-282 | How do I withdraw my application for a license? | |
| 208-620-284 | What are my rights if the director denies my application for a license? | |
| 208-620-290 | What fees must I pay for my application for a consumer loan license? | |
| 208-620-300 | If I want to operate my business from more than one location, do I have to license each location? | |
| 208-620-301 | If I make residential mortgage loans and employ managers, must they license individually as mortgage loan originators? | |
| 208-620-310 | Is it necessary to license an office that is only providing underwriting and other back-office services? | |
| 208-620-320 | What is the amount of the surety bond required for my consumer loan license? | |
| 208-620-321 | What are the capital requirements for a nondepository residential mortgage loan servicer applicant and licensee servicing loans guaranteed by one or more government sponsored entity (GSE) and/or government corporation? | |
| 208-620-322 | What are the capital requirements for a nondepository residential mortgage loan servicer applicant or licensee servicing loans not guaranteed by a government sponsored entity (GSE) and/or government corporation? | |
| 208-620-324 | What are the capital requirements for a student education loan servicer? | |
| 208-620-327 | How often will my bond amount change? | |
| 208-620-328 | For purposes of the annual assessment and surety bond calculation, how often must I report my Washington activity? | |
| 208-620-330 | Does the surety bond need to reflect coverage for licensee and its W-2 employees and independent contractors? | |
| 208-620-340 | Do I have any alternative to maintaining a surety bond? | |
| 208-620-341 | If I originate residential mortgage loans and my company relies on the bond substitute, must my licensed mortgage loan originators obtain an individual bond? | |
| 208-620-350 | If I qualify to use a bond substitute in lieu of a surety bond, what documentation do I have to provide to the department? | |
| 208-620-360 | What if I use a bond substitute and my unimpaired capital falls below the minimum? | |
| 208-620-370 | What are the grounds for denying or conditioning my consumer loan company license application? | |
| 208-620-371 | May I employ someone to work with Washington residents or Washington property who has been convicted of a gross misdemeanor or felony, or who has had a financial services-related license revoked or suspended? | |
| 208-620-372 | Am I responsible for the actions of my employees and independent contractors? | |
| 208-620-373 | What happens to residential mortgage loans in the pipeline if a mortgage loan originator leaves my company? | |
| 208-620-374 | What action must I take in the NMLS if I fire a residential mortgage loan originator or if a residential mortgage loan originator quits? | |
| 208-620-378 | Knowledge of the law and rules. | |
| 208-620-400 | Can I share an office with another business? | |
| 208-620-420 | May I transact my company business in a name other than the name on my company license? | |
| 208-620-425 | May I transfer or assign my license? | |
LICENSEE REPORT REQUIREMENTS | ||
| 208-620-430 | What are my annual filing requirements as a consumer loan licensee? | |
| 208-620-431 | What are my quarterly call report filing requirements? | |
| 208-620-440 | How do I calculate the annual assessment for my nonmortgage activity in Washington? | |
| 208-620-441 | How do I calculate the annual assessment for my residential mortgage activity in Washington? | |
| 208-620-442 | How do I calculate the annual assessment for my student education loan servicing activity in Washington? | |
| 208-620-460 | Must I file my annual reports even if I go out of business during the year? | |
| 208-620-480 | What are my reporting responsibilities if my company files for bankruptcy? | |
| 208-620-490 | What are my reporting responsibilities when something of significance happens to my business? | |
| 208-620-499 | What are my reporting requirements if I want to close my company or surrender my license? | |
| 208-620-500 | What are my reporting requirements if I want to close one or more of my branch offices? | |
DISCLOSURE AND OTHER OBLIGATIONS | ||
| 208-620-505 | In addition to the Consumer Loan Act, what other laws do I have to comply with? | |
| 208-620-506 | Must my underwriting analysis of a borrower's residential mortgage loan application include a determination of the borrower's ability to repay the loan? | |
| 208-620-507 | What elements of an ability to repay analysis must be part of my underwriting policy of a conventional residential mortgage loan? | |
| 208-620-510 | What are my disclosure obligations to consumers? | |
| 208-620-511 | What is the disclosure required under RCW 19.144.020 for residential mortgage loans? | |
| 208-620-513 | In a residential mortgage loan transaction, what are my disclosure obligations to the company that brokered the loan to me? | |
POWERS AND RESTRICTIONS | ||
| 208-620-515 | What authority do I have after my license has been issued? | |
RECORDKEEPING | ||
| 208-620-520 | What are the records I must maintain and for how long must I maintain them? | |
| 208-620-530 | Can I maintain my records electronically? | |
| 208-620-531 | Must I have a business resumption plan? | |
| 208-620-532 | Records disposal. | |
| 208-620-540 | Do I need to account separately for payments from borrowers for third-party service providers? | |
| 208-620-545 | Must I provide a written agreement when I provide third-party residential mortgage loan modification services? | |
RESTRICTIONS, PROHIBITIONS AND GROUNDS FOR REVOCATION | ||
| 208-620-550 | What business practices are prohibited? | |
| 208-620-551 | Residential mortgage loan servicers—What business practices are prohibited? | |
| 208-620-552 | Third-party residential loan modification service providers—What business practices are prohibited? | |
| 208-620-553 | Conducting residential mortgage loan servicing activities in the United States or outside the United States. | |
| 208-620-554 | Conducting student education loan servicing activities in the United States or outside the United States. | |
| 208-620-555 | Allowable loan fees and timing of collection. | |
| 208-620-556 | What fees must I refund to the borrower if I provide services subject to the act but do not have a license? | |
| 208-620-560 | Restricted or conditional loan fees. | |
| 208-620-561 | What fees can I collect on VA loans? | |
| 208-620-563 | Prohibited fees on certain loans. | |
| 208-620-565 | What fees am I allowed to charge or receive when acting as a residential mortgage loan broker under the act? | |
| 208-620-566 | What fees am I not allowed to charge or receive when brokering residential mortgage loans under the act? | |
| 208-620-567 | What fees can I charge when servicing residential mortgage loans under the act? | |
| 208-620-568 | What fees am I not allowed to charge when providing third-party residential mortgage loan modification services under the act? | |
| 208-620-569 | What fees can I charge the student education loan borrower when servicing student education loans? | |
| 208-620-570 | What are the grounds for suspending or revoking a consumer loan company license? | |
INFORMATION SECURITY | ||
| 208-620-571 | Information security program required by the federal Safeguards Rule implementing the Gramm-Leach-Bliley Act. | |
| 208-620-572 | Consumer financial information privacy under the Gramm-Leach-Bliley Act (GLBA) and Regulation P. | |
| 208-620-573 | Notice to consumers of data breach. | |
EXAMINATIONS | ||
| 208-620-580 | As a licensee, will my business be subject to periodic examinations? | |
| 208-620-585 | Compliance management system (CMS). | |
| 208-620-590 | How much will I be charged for my examinations and when will the payment be due? | |
| 208-620-600 | How often will the department visit my business to examine my records? | |
| 208-620-601 | What assistance may the department seek in conducting an investigation or examination of my business? | |
INVESTIGATIONS | ||
| 208-620-610 | What authority does the department have to investigate violations of the Consumer Loan Act? | |
| 208-620-611 | What federal guidance has the director adopted for use by the department in determining if a violation under RCW 31.04.027 has occurred? | |
| 208-620-612 | What must I do to comply with the federal guidelines on nontraditional mortgage loan product risks and statement on subprime lending? | |
| 208-620-613 | When I develop policies and procedures to implement the federal guidelines on applicable conventional residential mortgage loans, what topics must be included? | |
| 208-620-614 | What Washington law protects my rights when my license is suspended or revoked? | |
| 208-620-615 | Application of the Administrative Procedure Act. | |
ADVERTISING RESTRICTIONS | ||
| 208-620-620 | How do I have to identify my business when I advertise? | |
| 208-620-621 | May I advertise over the internet using a URL address that is not my licensed business name? | |
| 208-620-622 | When advertising using the internet or any electronic form (including, but not limited to, text messages), is there specific content the advertisements must contain? | |
| 208-620-630 | What are some of the advertising restrictions I must comply with? | |
| 208-620-640 | What are some of the federal laws I must comply with when I advertise any loan subject to the Consumer Loan Act? | |
MISCELLANEOUS | ||
| 208-620-650 | Will the director waive fees charged under the Consumer Loan Act? | |
| 208-620-660 | What is required for a Washington licensed loan originator to work from their residence without licensing the residence as a branch location? | |
MORTGAGE LOAN ORIGINATOR LICENSING | ||
| 208-620-700 | Mortgage loan originator—General. | |
| 208-620-710 | Mortgage loan originator—Licensing. | |
| 208-620-715 | Temporary authority to originate loans. | |
| 208-620-720 | Loan originator—Prelicensing education. | |
| 208-620-725 | Mortgage loan originator—Testing. | |
| 208-620-730 | Loan originator—Continuing education. | |
PROPRIETARY REVERSE MORTGAGE PRODUCTS | ||
| 208-620-800 | What definitions are applicable to proprietary reverse mortgage products under the act? | |
| 208-620-805 | Does this part (WAC 208-620-800 through 208-620-850) apply to the FHA approved home equity conversion mortgage (HECM) product? | |
| 208-620-810 | What requirements must I meet before offering or making proprietary reverse mortgages to Washington residents? | |
| 208-620-820 | What specific loan terms and conditions are allowed or required in the proprietary reverse mortgages I make to Washington residents? | |
| 208-620-825 | What reverse mortgage program information must I submit to the director for approval before offering or making proprietary reverse mortgages? | |
| 208-620-830 | What disclosures or statements must I provide to a borrower in a reverse mortgage transaction? | |
| 208-620-835 | Under what circumstances will the department determine that the making of a reverse mortgage was unsuitable for a particular borrower and therefore an unfair and deceptive practice in violation of RCW 31.04.027? | |
| 208-620-850 | What is the process I must follow to obtain the department's approval of my proprietary reverse mortgage product? | |
RESIDENTIAL MORTGAGE LOAN SERVICING REQUIREMENTS | ||
| 208-620-900 | Servicing residential mortgage loans—General requirement. | |
| 208-620-905 | Servicing residential mortgage loans—Maintenance of the escrow account. | |
| 208-620-920 | Servicing residential mortgage loans—Borrower requests for information. | |
| 208-620-930 | Servicing residential mortgage loans—Loss mitigation. | |
| 208-620-935 | Servicing residential mortgage loans—Foreclosure. | |
STUDENT EDUCATION LOAN SERVICING REQUIREMENTS | ||
| 208-620-950 | Servicing student education loans—General requirements. | |
| 208-620-960 | Servicing student education loans—Requests for information. | |
| 208-620-970 | Servicing student education loans—Acquiring, transferring, or selling servicing activities. | |
| 208-620-020 | License application. [Statutory Authority: RCW 43.320.040 and 31.04.165. WSR 99-22-047, § 208-620-020, filed 10/29/99, effective 11/29/99. Statutory Authority: RCW 43.320.040, 31.04.045, [31.04].105, [31.04].145, [31.04].155 and [31.04].165. WSR 96-04-013, § 208-620-020, filed 1/26/96, effective 2/26/96.] Repealed by WSR 06-04-053, filed 1/27/06, effective 2/27/06. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. |
| 208-620-030 | Surety bond. [Statutory Authority: RCW 43.320.040, 31.04.045, [31.04].105, [31.04].145, [31.04].155 and [31.04].165. WSR 96-04-013, § 208-620-030, filed 1/26/96, effective 2/26/96.] Repealed by WSR 06-04-053, filed 1/27/06, effective 2/27/06. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. |
| 208-620-040 | Bond substitute in lieu of surety bond. [Statutory Authority: RCW 43.320.040, 31.04.045, [31.04].105, [31.04].145, [31.04].155 and [31.04].165. WSR 96-04-013, § 208-620-040, filed 1/26/96, effective 2/26/96.] Repealed by WSR 06-04-053, filed 1/27/06, effective 2/27/06. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. |
| 208-620-045 | How does the department interpret the definition of residential mortgage loan modification services in RCW 31.04.015(23)? [Statutory Authority: RCW 43.320.040 and 31.04.165. WSR 12-18-047, § 208-620-045, filed 8/29/12, effective 11/1/12.] Repealed by WSR 13-24-024, filed 11/22/13, effective 1/1/14. Statutory Authority: RCW 43.320.040 and 31.04.165. |
| 208-620-050 | Interstate operations. [Statutory Authority: RCW 43.320.040, 31.04.045, [31.04].105, [31.04].145, [31.04].155 and [31.04].165. WSR 96-04-013, § 208-620-050, filed 1/26/96, effective 2/26/96.] Repealed by WSR 06-04-053, filed 1/27/06, effective 2/27/06. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. |
| 208-620-055 | How does the department interpret the definition of service or servicing a loan in RCW 31.04.015(26)? [Statutory Authority: RCW 43.320.040 and 31.04.165. WSR 12-18-047, § 208-620-055, filed 8/29/12, effective 11/1/12.] Repealed by WSR 13-24-024, filed 11/22/13, effective 1/1/14. Statutory Authority: RCW 43.320.040 and 31.04.165. |
| 208-620-060 | Registered agent and agent's office for out-of-state licensees. [Statutory Authority: RCW 43.320.040, 31.04.045, [31.04].105, [31.04].145, [31.04].155 and [31.04].165. WSR 96-04-013, § 208-620-060, filed 1/26/96, effective 2/26/96.] Repealed by WSR 06-04-053, filed 1/27/06, effective 2/27/06. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. |
| 208-620-070 | Change of registered agent or agent's office for out-of-state licensees. [Statutory Authority: RCW 43.320.040, 31.04.045, [31.04].105, [31.04].145, [31.04].155 and [31.04].165. WSR 96-04-013, § 208-620-070, filed 1/26/96, effective 2/26/96.] Repealed by WSR 06-04-053, filed 1/27/06, effective 2/27/06. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. |
| 208-620-080 | Resignation of registered agent. [Statutory Authority: RCW 43.320.040, 31.04.045, [31.04].105, [31.04].145, [31.04].155 and [31.04].165. WSR 96-04-013, § 208-620-080, filed 1/26/96, effective 2/26/96.] Repealed by WSR 06-04-053, filed 1/27/06, effective 2/27/06. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. |
| 208-620-090 | Service on out-of-state licensee. [Statutory Authority: RCW 43.320.040, 31.04.045, [31.04].105, [31.04].145, [31.04].155 and [31.04].165. WSR 96-04-013, § 208-620-090, filed 1/26/96, effective 2/26/96.] Repealed by WSR 06-04-053, filed 1/27/06, effective 2/27/06. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. |
| 208-620-100 | Records. [Statutory Authority: RCW 43.320.040, 31.04.045, [31.04].105, [31.04].145, [31.04].155 and [31.04].165. WSR 96-04-013, recodified as § 208-620-100, filed 1/26/96, effective 2/26/96. Statutory Authority: 1991 c 208 § 17. WSR 91-22-035, § 50-20-100, filed 10/30/91, effective 1/1/92.] Repealed by WSR 06-04-053, filed 1/27/06, effective 2/27/06. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. |
| 208-620-110 | The note. [Statutory Authority: RCW 43.320.040, 31.04.045, [31.04].105, [31.04].145, [31.04].155 and [31.04].165. WSR 96-04-013, recodified as § 208-620-110, filed 1/26/96, effective 2/26/96. Statutory Authority: 1991 c 208 § 17. WSR 91-22-035, § 50-20-110, filed 10/30/91, effective 1/1/92.] Repealed by WSR 06-04-053, filed 1/27/06, effective 2/27/06. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. |
| 208-620-120 | Contents of disclosure statement to borrower. [Statutory Authority: RCW 43.320.040, 31.04.045, [31.04].105, [31.04].145, [31.04].155 and [31.04].165. WSR 96-04-013, recodified as § 208-620-120, filed 1/26/96, effective 2/26/96. Statutory Authority: 1991 c 208 § 17. WSR 91-22-035, § 50-20-120, filed 10/30/91, effective 1/1/92.] Repealed by WSR 06-04-053, filed 1/27/06, effective 2/27/06. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. |
| 208-620-130 | Restrictions as to charges. [Statutory Authority: RCW 43.320.040, 31.04.045, [31.04].105, [31.04].145, [31.04].155 and [31.04].165. WSR 96-04-013, recodified as § 208-620-130, filed 1/26/96, effective 2/26/96. Statutory Authority: RCW 31.04.165. WSR 93-16-033, § 50-20-130, filed 7/27/93, effective 8/27/93. Statutory Authority: 1991 c 208 § 17. WSR 91-22-035, § 50-20-130, filed 10/30/91, effective 1/1/92.] Repealed by WSR 06-04-053, filed 1/27/06, effective 2/27/06. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. |
| 208-620-140 | Open-end loans—Increase in interest—Notice to borrower. [Statutory Authority: RCW 43.320.040, 31.04.045, [31.04].105, [31.04].145, [31.04].155 and [31.04].165. WSR 96-04-013, recodified as § 208-620-140, filed 1/26/96, effective 2/26/96. Statutory Authority: 1991 c 208 § 17. WSR 91-22-035, § 50-20-160, filed 10/30/91, effective 1/1/92.] Repealed by WSR 06-04-053, filed 1/27/06, effective 2/27/06. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. |
| 208-620-150 | Open-end loans—Periodic statements. [Statutory Authority: RCW 43.320.040, 31.04.045, [31.04].105, [31.04].145, [31.04].155 and [31.04].165. WSR 96-04-013, § 208-620-150, filed 1/26/96, effective 2/26/96.] Repealed by WSR 06-04-053, filed 1/27/06, effective 2/27/06. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. |
| 208-620-160 | Advertising—Restrictions and requirements. [Statutory Authority: RCW 31.04.165. WSR 02-21-101, § 208-620-160, filed 10/22/02, effective 11/22/02. Statutory Authority: RCW 43.320.040, 31.04.045, [31.04].105, [31.04].145, [31.04].155 and [31.04].165. WSR 96-04-013, recodified as § 208-620-160, filed 1/26/96, effective 2/26/96. Statutory Authority: 1991 c 208 § 17. WSR 91-22-035, § 50-20-140, filed 10/30/91, effective 1/1/92.] Repealed by WSR 06-04-053, filed 1/27/06, effective 2/27/06. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. |
| 208-620-170 | Knowledge of the law and regulations. [Statutory Authority: RCW 43.320.040, 31.04.045, [31.04].105, [31.04].145, [31.04].155 and [31.04].165. WSR 96-04-013, § 208-620-170, filed 1/26/96, effective 2/26/96. Statutory Authority: 1991 c 208 § 17. WSR 91-22-035, § 50-20-180, filed 10/30/91, effective 1/1/92.] Repealed by WSR 06-04-053, filed 1/27/06, effective 2/27/06. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. |
| 208-620-180 | Examinations. [Statutory Authority: RCW 43.320.040 and 31.04.165. WSR 99-22-047, § 208-620-180, filed 10/29/99, effective 11/29/99. Statutory Authority: RCW 43.320.040, 31.04.045, [31.04].105, [31.04].145, [31.04].155 and [31.04].165. WSR 96-04-013, § 208-620-180, filed 1/26/96, effective 2/26/96.] Repealed by WSR 06-04-053, filed 1/27/06, effective 2/27/06. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. |
| 208-620-190 | Schedule of fees. [Statutory Authority: RCW 18.44.410, 19.146.223, 19.146.225, 19.146.265, 31.04.165, 31.45.200. WSR 01-12-029, § 208-620-190, filed 5/29/01, effective 7/1/01. Statutory Authority: RCW 43.320.040, 31.04.045, [31.04].105, [31.04].145, [31.04].155 and [31.04].165. WSR 96-04-013, recodified as § 208-620-190, filed 1/26/96, effective 2/26/96. Statutory Authority: 1991 c 208 § 17. WSR 91-22-035, § 50-20-190, filed 10/30/91, effective 1/1/92.] Repealed by WSR 06-04-053, filed 1/27/06, effective 2/27/06. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. |
| 208-620-191 | Fee increase. [Statutory Authority: RCW 18.44.410, 19.146.223, 19.146.225, 19.146.265, 31.04.165, 31.45.200. WSR 01-12-029, § 208-620-191, filed 5/29/01, effective 7/1/01.] Repealed by WSR 06-04-053, filed 1/27/06, effective 2/27/06. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. |
| 208-620-192 | Waiver of fees. [Statutory Authority: RCW 18.44.410, 19.146.223, 19.146.225, 19.146.265, 31.04.165, 31.45.200. WSR 01-12-029, § 208-620-192, filed 5/29/01, effective 7/1/01.] Repealed by WSR 06-04-053, filed 1/27/06, effective 2/27/06. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. |
| 208-620-200 | Change of place of business. [Statutory Authority: RCW 43.320.040, 31.04.045, [31.04].105, [31.04].145, [31.04].155 and [31.04].165. WSR 96-04-013, § 208-620-200, filed 1/26/96, effective 2/26/96.] Repealed by WSR 06-04-053, filed 1/27/06, effective 2/27/06. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. |
| 208-620-210 | Other business in same office. [Statutory Authority: RCW 43.320.040, 31.04.045, [31.04].105, [31.04].145, [31.04].155 and [31.04].165. WSR 96-04-013, recodified as § 208-620-210, filed 1/26/96, effective 2/26/96. Statutory Authority: 1991 c 208 § 17. WSR 91-22-035, § 50-20-150, filed 10/30/91, effective 1/1/92.] Repealed by WSR 06-04-053, filed 1/27/06, effective 2/27/06. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. |
| 208-620-220 | Annual report and annual fee—Due date—Late penalties. [Statutory Authority: RCW 43.320.040, 31.04.045, [31.04].105, [31.04].145, [31.04].155 and [31.04].165. WSR 96-04-013, § 208-620-220, filed 1/26/96, effective 2/26/96.] Repealed by WSR 06-04-053, filed 1/27/06, effective 2/27/06. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. |
| 208-620-240 | Once I am licensed, does the act apply to all loans I broker or make? [Statutory Authority: Chapter 43.320 RCW, RCW 31.04.165. WSR 16-08-026, § 208-620-240, filed 3/30/16, effective 4/30/16. Statutory Authority: RCW 43.320.040 and 31.04.165. WSR 13-24-024, § 208-620-240, filed 11/22/13, effective 1/1/14. Statutory Authority: RCW 43.320.040, 31.04.165, 2009 c 120, and 2009 c 149. WSR 09-24-090, § 208-620-240, filed 12/1/09, effective 1/1/10. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. WSR 06-04-053, § 208-620-240, filed 1/27/06, effective 2/27/06.] Repealed by WSR 19-21-157, filed 10/22/19, effective 11/24/19. Statutory Authority: RCW 43.320.040 and 31.04.165. |
| 208-620-245 | Does the Consumer Loan Act allow me to make one or two loans without being licensed? [Statutory Authority: RCW 43.320.040, 31.04.165, 2009 c 120, and 2009 c 149. WSR 09-24-090, § 208-620-245, filed 12/1/09, effective 1/1/10. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. WSR 06-04-053, § 208-620-245, filed 1/27/06, effective 2/27/06.] Repealed by WSR 13-24-024, filed 11/22/13, effective 1/1/14. Statutory Authority: RCW 43.320.040 and 31.04.165. |
| 208-620-252 | If I am offering loans by mail or internet to Washington residents, do I have to license those locations? [Statutory Authority: RCW 43.320.040, 31.04.165 and 2010 c 35. WSR 10-20-122, § 208-620-252, filed 10/5/10, effective 11/5/10.] Repealed by WSR 13-24-024, filed 11/22/13, effective 1/1/14. Statutory Authority: RCW 43.320.040 and 31.04.165. |
| 208-620-270 | Can I make a loan subject to the act without first getting a license? [Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. WSR 06-04-053, § 208-620-270, filed 1/27/06, effective 2/27/06.] Repealed by WSR 09-24-090, filed 12/1/09, effective 1/1/10. Statutory Authority: RCW 43.320.040, 31.04.165, 2009 c 120, and 2009 c 149. |
| 208-620-285 | If my application is incomplete when I file it with the department, what will happen? [Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. WSR 06-04-053, § 208-620-285, filed 1/27/06, effective 2/27/06.] Repealed by WSR 09-24-090, filed 12/1/09, effective 1/1/10. Statutory Authority: RCW 43.320.040, 31.04.165, 2009 c 120, and 2009 c 149. |
| 208-620-325 | What will my bond amount be in the first year of licensing? [Statutory Authority: RCW 43.320.040 and 31.04.165. WSR 13-24-024, § 208-620-325, filed 11/22/13, effective 1/1/14; WSR 12-18-047, § 208-620-325, filed 8/29/12, effective 11/1/12. Statutory Authority: RCW 43.320.040, 31.04.165 and 2010 c 35. WSR 10-20-122, § 208-620-325, filed 10/5/10, effective 11/5/10. Statutory Authority: RCW 43.320.040, 31.04.165, 2009 c 120, and 2009 c 149. WSR 09-24-090, § 208-620-325, filed 12/1/09, effective 1/1/10.] Repealed by WSR 17-01-124, filed 12/20/16, effective 1/1/18. Statutory Authority: Chapter 43.320 RCW, RCW 31.04.165, and 31.04.300. |
| 208-620-380 | Are there any additional requirements for out-of-state licensees? [Statutory Authority: RCW 43.320.040, 31.04.165, 2009 c 120, and 2009 c 149. WSR 09-24-090, § 208-620-380, filed 12/1/09, effective 1/1/10. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. WSR 06-04-053, § 208-620-380, filed 1/27/06, effective 2/27/06.] Repealed by WSR 10-20-122, filed 10/5/10, effective 11/5/10. Statutory Authority: RCW 43.320.040, 31.04.165 and 2010 c 35. |
| 208-620-390 | If I am offering loans by mail or internet to Washington residents, do I have to license those locations? [Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. WSR 06-04-053, § 208-620-390, filed 1/27/06, effective 2/27/06.] Repealed by WSR 10-20-122, filed 10/5/10, effective 11/5/10. Statutory Authority: RCW 43.320.040, 31.04.165 and 2010 c 35. |
| 208-620-395 | Do I need to display my license in my place of business? [Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. WSR 06-04-053, § 208-620-395, filed 1/27/06, effective 2/27/06.] Repealed by WSR 12-18-047, filed 8/29/12, effective 11/1/12. Statutory Authority: RCW 43.320.040 and 31.04.165. |
| 208-620-410 | May I sell other types of products from my licensed location? [Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. WSR 06-04-053, § 208-620-410, filed 1/27/06, effective 2/27/06.] Repealed by WSR 09-24-090, filed 12/1/09, effective 1/1/10. Statutory Authority: RCW 43.320.040, 31.04.165, 2009 c 120, and 2009 c 149. |
| 208-620-432 | Will the filing of the fourth quarter call report satisfy the consolidated annual report (CAR) requirement of WAC 208-620-430? [Statutory Authority: RCW 43.320.040, 31.04.165, 2009 c 120, and 2009 c 149. WSR 09-24-090, § 208-620-432, filed 12/1/09, effective 1/1/10.] Repealed by WSR 12-18-047, filed 8/29/12, effective 11/1/12. Statutory Authority: RCW 43.320.040 and 31.04.165. |
| 208-620-470 | Do I need to notify the department if I move the location of my office? [Statutory Authority: RCW 43.320.040. WSR 08-15-125, § 208-620-470, filed 7/22/08, effective 8/22/08. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. WSR 06-04-053, § 208-620-470, filed 1/27/06, effective 2/27/06.] Repealed by WSR 09-24-090, filed 12/1/09, effective 1/1/10. Statutory Authority: RCW 43.320.040, 31.04.165, 2009 c 120, and 2009 c 149. |
| 208-620-475 | Must I notify the department if I cease doing business in this state if I am doing business in other states? [Statutory Authority: RCW 43.320.040. WSR 08-15-125, § 208-620-475, filed 7/22/08, effective 8/22/08. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. WSR 06-04-053, § 208-620-475, filed 1/27/06, effective 2/27/06.] Repealed by WSR 09-24-090, filed 12/1/09, effective 1/1/10. Statutory Authority: RCW 43.320.040, 31.04.165, 2009 c 120, and 2009 c 149. |
| 208-620-512 | If I pull a credit report on a consumer who has identified a specific property on a purchase and sales agreement or contract, or is refinancing a specific property, is that enough to trigger the required disclosures under RESPA and TILA? [Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. WSR 06-04-053, § 208-620-512, filed 1/27/06, effective 2/27/06.] Repealed by WSR 09-24-090, filed 12/1/09, effective 1/1/10. Statutory Authority: RCW 43.320.040, 31.04.165, 2009 c 120, and 2009 c 149. |