Various provisions governing nondepository financial institutions modified.

HF 3706 modifies Minnesota's regulations for nondepository financial institutions, including residential mortgage originators and servicers. The bill updates definitions (like "consumer loan" and "finance charge") in statutes, adds mortgage companies to the scope of institutions regulated under Chapter 58, and repeals outdated sections (such as 56.08 and 332A.02). These changes streamline rules for mortgage lending and clarify regulatory requirements without creating new financial obligations. The bill directly affects nonbank lenders, mortgage companies, and related financial services providers operating under Minnesota law.