New Jersey Statutes
§ 46:10B-33 — Liability of mortgage broker.
New Jersey·Title 46 PROPERTY
12.Notwithstanding any provision of this act to the contrary, a mortgage broker shall be liable under the provisions of this act only for acts performed by the mortgage broker in the course of providing mortgage brokering services. However, a mortgage broker may be held liable for acts performed by the mortgage broker outside the scope of mortgage brokering services if the acts are related to the purchasing or the making of a home loan and are otherwise prohibited under this act.
L.2003,c.64,s.12.
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Nearby Sections
15
§ 46:10B-1
Definitions§ 46:10B-10
Interest rate; points§ 46:10B-11
Points; liability for receiving§ 46:10B-11.1
Discount points deemed interest on loan§ 46:10B-12
Graduated payment mortgage defined§ 46:10B-13
Authorization to make§ 46:10B-14
Use for dwelling units; limits on interest§ 46:10B-16
Short title§ 46:10B-17
Definitions§ 46:10B-21
Regulations