First Secure Bank and Trust pays $12,375 flood insurance-related penalty
Issued by FDIC
(a) The covered financial institution shall make the unique identifier(s) of its registered mortgage loan originator(s) available to consumers in a manner and method practicable to the institution.
(b) A registered mortgage loan originator shall provide his or her unique identifier to a consumer:
(1) Upon request;
(2) Before acting as a mortgage loan originator; and
(3) Through the originator's initial written communication with a consumer, if any, whether on paper or electronically.
Editor's Note: For additional requirements relating to providing the unique identifier on certain mortgage-related documents, see Section 1026.36(g) of the CFPB's Regulation Z.