In November of 2023, the Idaho Department of Finance issued a notice of rulemaking that would no longer require lenders to disclose to the borrower the services that will be provided to the borrower. If the rulemaking became effective, the rule (IDAPA 12.01.10.050(1)) would be completely removed. However, the rulemaking would only become effective upon the adjournment of the Second Regular Session of the Sixty -seventh Idaho Legislature after approval. The Legislature approved the rulemaking and adjourned on August 1, 2024. Accordingly, as there is no longer a requirement for Cx2688 (ID Mortgage Banker Application) we will be retiring this document from our generic offerings.
These changes are on Stage 1 and Stage 2 servers and will be in effect on September 4, 2024. If you have any questions or concerns about these changes, please contact Client Support at 1.800.497.3584.
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