Michigan § 493.53a - Broker, lender, or servicer; registration with commissioner; form.
Full text of Michigan Michigan Compiled Laws § 493.53a — Broker, lender, or servicer; registration with commissioner; form., with citation guidance and answers to common questions.
§ 493.53a. Broker, lender, or servicer; registration with commissioner; form.
The following persons shall register with the commissioner on a form prescribed by the commissioner:
A broker, lender, or servicer approved as a seller or servicer by the federal national mortgage association or the federal home loan mortgage corporation.
A broker, lender, or servicer approved as an issuer or servicer by the government national mortgage association.
A broker, lender, or servicer that is licensed under the mortgage brokers, lenders, and servicers licensing act, 1987 PA 173, MCL 445.1651 to 445.1684, or a registrant under that act if the registrant is a mortgage broker, mortgage lender, or mortgage servicer approved as a seller or servicer by the federal national mortgage association or the federal home loan mortgage corporation, or a mortgage broker, mortgage lender, or mortgage servicer approved as an issuer or servicer by the government national mortgage association.
A broker, lender, or servicer that is a subsidiary or affiliate of a depository financial institution or a depository financial institution holding company if the depository institution does not maintain a main office or a branch office in this state.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 493.53a
What does Michigan Compiled Laws § 493.53a cover?
Section 493.53a ("Broker, lender, or servicer; registration with commissioner; form.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 493.53a?
A common citation format is "Michigan Compiled Laws § 493.53a" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 493.53a apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.