Minnesota joined 45 state regulatory agencies in a $15.5 million settlement due to improper insurance charges.
What changed
Penalties and corrective measures mandated against NewRez LLC were implemented.
Compliance perspective
Firms must ensure compliance with multistate regulations to avoid similar penalties.
Need help keeping up with these changes?
Tell us where you operate and what licenses you hold; we'll handle the filings and renewals so changes like this do not catch you off guard.