1108.1 An applicant for a mortgage loan originator's license and each officer, director, partner, and owner of a controlling interest in an applicant for a mortgage lender or mortgage broker license shall provide authorization for the Department to obtain a credit report.

1108.2 Any credit report relied upon to grant a license must be less than ninety (90) days old.

SOURCE: Final Rulemaking published at 56 DCR 4356, 4363 (June 5, 2009).