32-9-101. Short title and purpose. (1) This part may be cited as the "Montana Mortgage Broker and Loan Originator Licensing Act".
     (2) The legislature recognizes that buying or financing a home is one of the largest, most complicated, and vitally important decisions facing consumers in Montana. Therefore, the legislature finds it desirable to license residential mortgage brokers and loan originators to promote honesty, education, and professionalism, to ensure the availability and diversity of residential mortgage funding, and to protect Montana consumers and the stability of Montana's economy.

     History: En. Sec. 1, Ch. 516, L. 2003.