The Office of the Commissioner of Financial Regulation
licenses and examines mortgage lenders, brokers and servicers
operating in the state of Maryland, as well as licensing
the mortgage loan originators that they employ. The Office
does not license or examine depository institutions operating
in Maryland that are Federally chartered, or exempt under
the Maryland Mortgage Lender Law. View
a list of Mortgage Entities that are NOT Regulated by
The Office of The Commissioner of Financial Regulation
To determine if a mortgage lender, broker, servicer,
or originator is licensed to do business in Maryland,
please follow the "Find
Someone Who Is Licensed" link.
The Consumer Services Unit works diligently to assist
homeowners who are experiencing a variety of problems
with the servicing of their mortgage loans. Complaints
concerning forced placed insurance issues, failing to
credit the loan for mortgage payments, or assessing undue
fees and charges to the loan account are just a few of
the types of mortgage complaints investigated.
Currently, the Consumer Services Unit is experiencing
a high volume of complaints requesting assistance to avoid
foreclosure sale. In addition to effectively working with
lenders and loan servicers in recommending loan modification
opportunities and other work-out options available to
consumers to avoid foreclosure sale, Maryland has enacted
legislation to protect homeowners from immediate foreclosure
action as well as fraudulent foreclosure schemes that
swindle consumers of their hard earned income. To get
help with your delinquent mortgage, please visit the Maryland
Department of Housing and Community Development (DHCD)
(Home Owners Preserving Equity): Foreclosure Prevention/
Assistance Program or call 1-877-462-7555.
Please visit our Mortgage
and Foreclosure Information page for additional information
on mortgage foreclosure fraud and rescue scams.
If you would like to file a complaint against a licensed
mortgage lender, broker, servicer, originator or an unlicensed
party who you believe may have violated the law, please
proceed to the "Complaints
and Inquiries" page.