N.J.S.A. 17:16F-37 — Compliance with federal laws, regulations.

17:16F-37 Compliance with federal laws, regulations. 11. a. A mortgage servicer shall comply with all applicable federal laws and regulations relating to mortgage loan servicing, including, but not limited to: (1) the "Real Estate Settlement Procedures Act of 1974" (12 U.S.C. s.2601 et seq.); and (2) the "Truth-in-Lending Act" (15 U.S.C. s.1601 et seq.). b. In addition to any other remedies provided by law, a violation of any federal law or regulation shall be deemed a violation of this section and a basis upon which the commissioner may take enforcement action pursuant to section 14 of this act. L.2019, c.65, s.11.

This is the verbatim text of N.J.S.A. 17:16F-37, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.