New Jersey § 17:16F-45 Inapplicability.

New Jersey Statutes

§ 17:16F-45 — Inapplicability.

New Jersey § 17:16F-45

Title 17CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

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Bluebook

N.J. Stat. Ann. § 17:16F-45 (2026).

Text

19. The provisions of sections 3 through 12 of this act shall not apply to:

(1)a person exempt from licensure as a residential mortgage lender pursuant to the "New Jersey Residential Mortgage Lending Act," P.L.2009, c.53 (C.17:11C-51 through C.17:11C-89), while servicing residential mortgage loans made pursuant to the exemption;

(2)a person servicing five or fewer residential mortgage loans within any period of twelve consecutive months;

(3)any agency of the federal government, any state or municipal government or any quasi-governmental agency servicing residential mortgage loans under the specific authority of the laws of any state or the United States; and (4) a person exempt from licensure as a mortgage servicer pursuant to paragraphs (1), (2), and (3) of subsection b. of section 3 o

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19. The provisions of sections 3 through 12 of this act shall not apply to: (1) a person exempt from licensure as a residential mortgage lender pursuant to the "New Jersey Residential Mortgage Lending Act," P.L.2009, c.53 (C.17:11C-51 through C.17:11C-89), while servicing residential mortgage loans made pursuant to the exemption; (2) a person servicing five or fewer residential mortgage loans within any period of twelve consecutive months; (3) any agency of the federal government, any state or municipal government or any quasi-governmental agency servicing residential mortgage loans under the specific authority of the laws of any state or the United States; and (4) a person exempt from licensure as a mortgage servicer pursuant to paragraphs (1), (2), and (3) of subsection b. of section 3 of this act. L.2019, c.65, s.19.