State Codes and Statutes

Statutes > New-york > Bnk > Article-12-e > 599-q

§   599-q.   Confidentiality.  In  order  to  promote  more  effective  regulation and reduce regulatory burden through supervisory  information  sharing,  information  provided to the superintendent by an MLO shall be  subject to the following:    1. Except as otherwise provided in public law 110-289,  section  1512,  the  requirements  under any federal law, the freedom of information law  ("FOIL")  or  other  law  of  this  state  regarding  the   privacy   or  confidentiality  of  any  information or material provided to the NMLSR,  and any privilege arising under federal  or  state  law  (including  the  rules of any federal or state court) with respect to such information or  material,  shall continue to apply to such information or material after  the information or material  has  been  disclosed  to  the  NMLSR.  Such  information  and  material  may  be  shared  with  all state and federal  regulatory officials with mortgage industry oversight authority  without  the  loss  of  privilege  of  the  loss  of  confidentiality protections  provided by federal law, FOIL or this chapter.    2. For these purposes, the superintendent is authorized to enter  into  agreements or sharing arrangements with other governmental agencies, the  Conference  of  State  Bank  Supervisors,  the  American  Association of  Residential  Mortgage  Regulators  or  other  associations  representing  governmental agencies as established by rule, regulation or order of the  superintendent.

State Codes and Statutes

Statutes > New-york > Bnk > Article-12-e > 599-q

§   599-q.   Confidentiality.  In  order  to  promote  more  effective  regulation and reduce regulatory burden through supervisory  information  sharing,  information  provided to the superintendent by an MLO shall be  subject to the following:    1. Except as otherwise provided in public law 110-289,  section  1512,  the  requirements  under any federal law, the freedom of information law  ("FOIL")  or  other  law  of  this  state  regarding  the   privacy   or  confidentiality  of  any  information or material provided to the NMLSR,  and any privilege arising under federal  or  state  law  (including  the  rules of any federal or state court) with respect to such information or  material,  shall continue to apply to such information or material after  the information or material  has  been  disclosed  to  the  NMLSR.  Such  information  and  material  may  be  shared  with  all state and federal  regulatory officials with mortgage industry oversight authority  without  the  loss  of  privilege  of  the  loss  of  confidentiality protections  provided by federal law, FOIL or this chapter.    2. For these purposes, the superintendent is authorized to enter  into  agreements or sharing arrangements with other governmental agencies, the  Conference  of  State  Bank  Supervisors,  the  American  Association of  Residential  Mortgage  Regulators  or  other  associations  representing  governmental agencies as established by rule, regulation or order of the  superintendent.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Bnk > Article-12-e > 599-q

§   599-q.   Confidentiality.  In  order  to  promote  more  effective  regulation and reduce regulatory burden through supervisory  information  sharing,  information  provided to the superintendent by an MLO shall be  subject to the following:    1. Except as otherwise provided in public law 110-289,  section  1512,  the  requirements  under any federal law, the freedom of information law  ("FOIL")  or  other  law  of  this  state  regarding  the   privacy   or  confidentiality  of  any  information or material provided to the NMLSR,  and any privilege arising under federal  or  state  law  (including  the  rules of any federal or state court) with respect to such information or  material,  shall continue to apply to such information or material after  the information or material  has  been  disclosed  to  the  NMLSR.  Such  information  and  material  may  be  shared  with  all state and federal  regulatory officials with mortgage industry oversight authority  without  the  loss  of  privilege  of  the  loss  of  confidentiality protections  provided by federal law, FOIL or this chapter.    2. For these purposes, the superintendent is authorized to enter  into  agreements or sharing arrangements with other governmental agencies, the  Conference  of  State  Bank  Supervisors,  the  American  Association of  Residential  Mortgage  Regulators  or  other  associations  representing  governmental agencies as established by rule, regulation or order of the  superintendent.

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