Configuration Change: Minnesota Residential Mortgage Originator Contract (Cx1907)
Per Minn. Stat. Ann. § 58.16, Subd. 2(a):
“A residential mortgage originator . . . shall enter into a written contract with each borrower and shall provide a copy of the written contract to each borrower at or before the time of receipt of any fee or valuable consideration paid for mortgage origination services.”
Because the definition of “Residential Mortgage Originator” in Minn….