Section 44.02. Consumer disclosure statement.

Latest version.

(1) A consumer disclosure statement under s. 224.79 (2) , Stats., shall contain all of the following:

(a) The name, address, telephone number and license number of the mortgage broker.

(b) A statement of duties.

(c) A statement of the nature of relationship.

(d) A disclosure of compensation.

(e) The signature of the applicant and the date the agreement was signed.

(2) A consumer disclosure statement shall be on white paper sized 8 ½ ‶ x 11 ‶ and in Times New Roman font style 12 or greater.

(3) A consumer disclosure statement shall be on a form prescribed by the department.

CR 05-012 : cr. Register June 2005 No. 594 , eff. 7-1-05.

Note

Note: A copy of the form and instructions for using the form may be obtained by writing to the Department of Financial Institutions, Division of Banking, Mortgage Banking Section, 201 W. Washington Avenue, Suite 500, P.O. Box 7876, Madison, WI 53707-7876, or may be downloaded from the department's website, http://www.wdfi.org/fi/mortbank/forms.htm . Microsoft Windows NT 6.1.7601 Service Pack 1

                    
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