NOTICE OF PUBLIC MEETINGS of the MORTGAGE LENDING DIVISION WITH AGENDAS MARCH 7, 2019
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1 STEVE SISOLAK Governor STATE OF NEVADA DEPARTMENT OF BUSINESS AND INDUSTRY DIVISION OF MORTGAGE LENDING 3300 W. Sahara Avenue, Suite 285 Las Vegas, Nevada (702) Fax (702) MICHAEL J. BROWN Director CATHY SHEEHY Commissioner NOTICE OF PUBLIC MEETINGS of the MORTGAGE LENDING DIVISION WITH AGENDAS Pursuant to Nevada s Open-Meeting Law (as subject of NRS 241 et seq.), notice is hereby given that the State of Nevada, Department of Business & Industry, Division of Mortgage Lending ( the Division ) will hold public hearings to adopt and amend proposed regulations to Chapters 645A, 645B, and 645F of the Nevada Administrative Code ( NAC ), on: MARCH 7, 2019 at 9:00 a.m.; 10:00 a.m.; and 11:00 a.m. Nevada State Business Center 3300 W. Sahara Avenue Tahoe Room, 4 th Floor, Suite #430 Las Vegas, Nevada Video-conference to Department of Business and Industry Conference Room 1830 College Parkway, #100 Carson City, Nevada This notification of public meetings with agenda for each of the three, respective hearings identified herein (LCB File Nos , , and ), have been properly noticed, provided to any person requesting such notice, and posted at the following Nevada locations: Department of Business & Industry, Carson City Office Nevada Office of the Attorney General 1830 College Parkway, Suite E. Washington Avenue, Suite 3900 Carson City, Nevada Las Vegas, Nevada Nevada State Business Center Nevada Office of the Attorney General 3300 W. Sahara Ave. 100 N. Carson Street Las Vegas, Nevada Carson City, Nevada 89701
2 Page 2 of 5 Nevada State Library & Archives Division of Mortgage Lending 100 N. Stewart Street 3300 W. Sahara Ave, Suite 285 Carson City, Nevada Las Vegas, Nevada Grant Sawyer State Office Building 555 E. Washington Ave. Las Vegas, NV The Division s website: Nevada Public Notice Website: The Nevada State Legislature Administrative Regulation Notice website: An electronic copy of this Notice with Agendas has also been sent to the Legislative Counsel Bureau at Regulations@lcb.state.nv.us and ahartzler@lcb.state.nv.us. Previously, on January 28, 2019, the Division issued with respect to each of these three respective scheduled hearings, its Notice of Intent to Act Upon a Regulation, Notice of Hearing for Adoption and Amendment of Regulations of the Division of Mortgage Lending, as duly noticed. The Division s supporting materials for each of these public meetings may be obtained upon visiting the website addresses as described above or by contacting Susan Slack at the Division of Mortgage Lending at (702) , in advance of the meetings. A reasonable fee may be charged for copying expenses. Copies of such materials will be available at the meetings. The Division is pleased to make reasonable accommodations for members of the public who are disabled and wish to attend any or all of the meetings. If special arrangements for any meeting are necessary, please notify Susan Slack at (702) , in advance of the meeting. Unless otherwise stated, items may be taken out of the order presented on the agenda; items may be combined for consideration by the public body; and items may be delayed or removed from the agenda at any time. The Division may put reasonable restrictions on the time, place and manner of public comment. Comments based upon viewpoint may not be restricted. Public comment will be limited to five (5) minutes per person, per item. 9:00 a.m. THE AGENDAS
3 Page 3 of 5 3. Public Hearing: LCB File No. R Regulation adoption and amendments to NAC 645B. These regulatory changes are proposed to comply with the Division s statutory duty to ensure the effectiveness of Nevada Revised Statute 645B and to conform with and implement revisions made to the law governing the licensing and regulation of mortgage brokers and mortgage agents as enacted by Senate Bill 69 ( SB 69 ) (specifically regarding licensure by endorsement) and Senate Bill 498 ( SB 498 ) (specifically regarding monthly activity reports and continuing education requirements) of the 2017 Session of the Nevada Legislature, thereby adding to and revising various provisions of NAC 645B governing the licensing and regulation of mortgage brokers and mortgage agents. (For considered in agenda items 3 and 4 as a regulation of the Division. (For 6. Comments by General Public: Comments from the public are invited at this time on 7. Adjournment (For 10:00 a.m. agenda (Discussion only) 3. Public Hearing: LCB File No. R Regulation adoption and amendments to NAC 645A. These regulatory changes are proposed to comply with the Division s statutory duty to carry out the provisions of Nevada Revised Statute 645A and to conform with and implement revisions made to the law governing the licensing and regulation of escrow agencies and escrow agents, as enacted by Senate Bill 69 ( SB 69 ) (specifically regarding licensure by endorsement) of the 2017 Session of the Nevada Legislature, thereby adding to the provisions of NAC 645A governing the licensing and regulation of escrow agencies and escrow agents. (For
4 Page 4 of 5 considered in agenda items 3 and 4 as a regulation of the Division. (For 6. Comments by General Public: Comments from the public are invited at this time on 7. Adjournment (For 11:00 a.m. 3. Public Hearing: LCB File No. R Regulation adoption and amendments to NAC 645F. These regulatory changes are proposed to comply with the Division s statutory duty to carry out the provisions of Nevada Revised Statute 645F and to conform with and implement revisions made to the law governing the licensing and regulation of covered service providers, foreclosure consultants, and loan modification consultants, as well as mortgage servicers, as enacted by Senate Bill 69 ( SB 69 ) (specifically regarding licensure by endorsement) of the 2017 Session of the Nevada Legislature, thereby adding to the provisions of NAC 645F governing the licensing and regulation of covered service providers, foreclosure consultants, and loan modification consultants, as well as mortgage servicers. (For considered in agenda items 3 and 4 as a regulation of the Division. (For 6. Comments by General Public Comments from the public are invited at this time on matters other than regulation amendments. The agency reserves the right to limit to 5 minutes the
5 Page 5 of 5 amount of time that will be allowed for each individual to speak. The agency is precluded from action on items raised during the public comments that are not on the agenda. (Discussion only) 7. Adjournment (For
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