Section 454M-8 - Powers of commissionerIn addition to any other acts or conditions provided by law, the commissioner may:
(1) Adopt, amend, or repeal rules, issue declaratory rulings or informal nonbinding interpretations, and investigate and act upon written consumer complaints;(2) Grant, deny, forfeit, renew, reinstate, or restore the license of any mortgage servicer;(3) Revoke, suspend, or otherwise limit the license of any mortgage servicer for any violation of the provisions in this chapter, or any rule or order of, or agreement with the commissioner;(4) Issue orders to cease and desist and enter into consent orders;(5) Report any violation of this chapter or violation of federal or state law to the Consumer Financial Protection Bureau or other federal agency having jurisdiction over the licensee;(6) Investigate and conduct hearings regarding any violation of this chapter, or any rule or order of or agreement with the commissioner; and(7) Do any and all things necessary or incidental to the exercise of the commissioner's power and duties, including the authority to conduct contested case proceedings under chapter 91.Amended by L 2019, c 75,§ 4, eff. 6/7/2019.Amended by L 2013, c 92,§ 5, eff. 6/3/2013. L 2009, c 106, pt of §1 .