3 AAC 14.710 - Claims
Claims for reimbursement from the mortgage loan originator surety fund under AS 06.60.500 must
(1) be accompanied by the filing fee
established by
AS
06.60.620;
(2) be submitted on a form provided by the
department;
(3) assert a claim for
a loss suffered in a mortgage loan transaction as a result of fraud,
misrepresentation, deceit, or the wrongful conversion of money by a mortgage
loan originator licensee;
(4)
include a current mailing address and telephone number for the
claimant;
(5) include a current
mailing address and telephone number for the mortgage licensee for whom the
mortgage loan originator licensee worked, whether as an employee or under an
exclusive contract, during the time period relevant to the claim;
(6) include a current mailing address and
telephone number for any party involved in the mortgage loan transaction that
is the subject of the fund claim;
(7) include all the information required by
AS
06.60.580 and the claim form itself;
and
(8) be executed under penalty
of unsworn falsification.
Notes
Authority:AS 06.60.580
AS 06.60.620
AS 06.60.910
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.