The Colorado Nonbank Mortgage Servicers Act requires a mortgage servicer, as defined in § 5-21-103(4), C.R.S., to notify the Administrator. A person acting as a mortgage servicer must notify the Administrator and pay the fee prescribed in § 5-21-106 within 30 days after commencing servicing in the state, and, thereafter, on or before January 31 each year.
Initial Notification
| Initial Notification Fee | $ 1,000 |
| Renewal becomes available | Around mid-December each year |
| Renewal Deadline! | January 31 each year |
*Renewals must be submitted annually by January 31.
IMPORTANT NOTE: The above notification filing (once issued) is valid through each January 31 regardless of the date issued and must be renewed annually. See the above information for important dates. Although a notification expiration date may reflect the prior 1/31, the existing notification shall not expire (so long as a renewal is submitted) until the renewal application has been finally acted upon by the agency, pursuant to § 24-4-104(7), C.R.S.