Colorado Statutes
§ 5-21-107 — Federal laws
(1)A mortgage servicer shall comply with all federal
laws and regulations applicable to mortgage servicers for their mortgage servicing
activities, including:
(a)The federal Real Estate Settlement Procedures Act of 1974, 12 U.S.C.
sec. 2601 et seq., as amended; and
(b)The Truth in Lending Act, 15 U.S.C. sec. 1601 et seq., as amended.
(2)In addition to any other remedies provided by law, a violation of any
federal law or regulation that is covered by subsection (1) of this section shall be
deemed a violation of this article 21.
(3)All financial responsibility requirements of this article 21 shall be
presumed to be met if a mortgage servicer is currently approved to service loans by
the Federal National Mortgage Association, Federal Home Loan Mortgage
Corporation, or Governm
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Legislative History
Source: L. 2021: Entire article added, (HB 21-1282), ch. 482, p. 3439, � 1,
effective January 1, 2022.
Nearby Sections
15
§ 5-1-101
Short title§ 5-1-102
Purposes - rules of construction§ 5-1-104
Construction against implicit repeal§ 5-1-105
Severability clause§ 5-1-202
Exclusions§ 5-1-203
Jurisdiction and service of process§ 5-1-301
General definitions§ 5-1-303
Index of definitions in code§ 5-10-1001
Advertising§ 5-10-101
Short title§ 5-10-102
Legislative declaration