§454M-8 - Powers of commissioner.
[§454M-8] Powers of commissioner. In 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) Report any violation of this chapter or violation of federal or state law to the United States Commissioner of Housing and Urban Development or other federal agency having jurisdiction over the licensee;
(5) Investigate and conduct hearings regarding any violation of this chapter, or any rule or order of or agreement with the commissioner; and
(6) 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. [L 2009, c 106, pt of §1]