DRAFT OF OHIO MORTGAGE BROKER ACT RULES CIRCULATED BY DIVISION OF FINANCIAL INSTITUTIONS

The Ohio Division of Financial Institutions has released a draft edition of proposed rules issued pursuant to the Ohio Mortgage Broker Act. The Act was amended in 2003. The Division intends to rescind all current rules and replace them with the proposed rules.

The Division is tentatively scheduled to file the rules with the Ohio Joint Committee on Agency Rule Review next week. Please contact our office if you would like a copy of the proposed rules.

􀂗 Darrell Dreher and Elizabeth Anstaett