16 CFR 322.7 - Exemptions.
(a) An attorney is exempt from this part, with the exception of § 322.5, if the attorney:
(2) Is licensed to practice law in the state in which the consumer for whom the attorney is providing mortgage assistance relief services resides or in which the consumer's dwelling is located; and
(b) An attorney who is exempt pursuant to paragraph (a) of this section is also exempt from § 322.5 if the attorney:
(1) Deposits any funds received from the consumer prior to performing legal services in a client trust account; and
Title 16 published on 2014-01-01
no entries appear in the Federal Register after this date.