Relating to authorizing the Division of Financial Institutions to promulgate a legislative rule relating to residential mortgage lenders, brokers, and loan originators.

HB 4237 authorizes West Virginia's Division of Financial Institutions to implement and enforce an existing regulatory rule (106 CSR 05) governing residential mortgage lenders, brokers, and loan originators. The bill formally approves a rule that was previously developed and modified after committee review, without changing its substantive requirements. This procedural measure directly affects licensed mortgage professionals by confirming the Division's authority to administer these specific regulations. The rule covers licensing, conduct, and oversight for these mortgage industry roles within the state. (106 CSR 05 is the specific regulatory reference.)