PARRIS N. GLENDENING, Governor                             Ch. 194

(1) (I) [At least once every 3 years] IN ACCORDANCE WITH A
SCHEDULE ESTABLISHED BY THE COMMISSIONER; and

(2) (II) At any OTHER time that the Commissioner reasonably considers
necessary.

(2) THE SCHEDULE ESTABLISHED BY THE COMMISSIONER UNDER
PARAGRAPH (1)(I) OF THIS SUBSECTION SHALL TAKE INTO ACCOUNT:

(I) THE LENGTH OF TIME THE LICENSEE HAS BEEN ENGAGED IN
BUSINESS AS A MORTGAGE LENDER;

(II) ANY PRIOR VIOLATIONS BY THE LICENSEE OF THE MORTGAGE
LENDING LAW OR REGULATIONS;

(III) THE NATURE AND NUMBER OF ANY COMPLAINTS MADE
AGAINST THE LICENSEE; AND

(IV) THE RESULT OF FINDINGS FROM ANY PRIOR EXAMINATION OF
THE LICENSEE.

(b)     (1) Any person aggrieved by the conduct of a licensee under this subtitle in
connection with a mortgage loan may file a written complaint with the Commissioner who
shall investigate the complaint.

(2) The Commissioner may make any other investigation of any person if the
Commissioner has reasonable cause to believe that the person has violated any provision
of this subtitle, of any regulation adopted under this subtitle, or of any other law
regulating mortgage loan lending in the State.

(c)     A licensee shall pay to the Commissioner a fee of not more than $100 per day
for each of the Commissioner's employees engaged in:

(1)     An examination required under subsection (a)(1) of this section; and

(2)     Any other examination or investigation conducted under this section
that results in the discovery of a violation of this subtitle by the licensee.

(d)     In connection with an examination or investigation made under this section,
the Commissioner may:

(1)     Examine the books and records of any licensee or of any other person
who the Commissioner believes has violated any provision of this subtitle, or any rule or
regulation adopted under this subtitle, or of any other law regulating mortgage loan
lending in the State;

(2)     Subpoena documents or other evidence; and

(3)     Summon and examine under oath any person whose testimony the
Commissioner requires.

(e)     (1) If any person fails to comply with a subpoena or summons of the
Commissioner under this subtitle or to testify concerning any matter about which the

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