Mich. Comp. Laws § 445.1639

Current through Public Act 156 of the 2024 Legislative Session

Section 445.1639 - Violation of act

If the commissioner determines that a person is brokering, making, servicing, or collecting mortgage loans in violation of this act, the commissioner shall do 1 or more of the following:

(a) Initiate a cause of action under section 10.

(b) If the person is chartered, licensed, registered, regulated, or administered by the commissioner under a law of this state, the commissioner shall enforce the penalties and remedies under that law.

(c) Forward a complaint to the appropriate regulatory or investigatory authority.

MCL 445.1639

2002, Act 660, Imd. Eff. 12/23/2002 .