Mich. Comp. Laws § 445.1639
Violation of act.
Michigan · Michigan Compiled Laws — CONSUMER MORTGAGE PROTECTION ACT (Act 660 of 2002) · Status: effective
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- Citation
- Mich. Comp. Laws § 445.1639, Violation of act, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1362984
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Full text
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.