Learn More
Log In
Sign Up
Mortgage Loan Originators: Licensing; Education Requirements | Midpage
Collections
New York Codes, Rules and Regulations
Title 3
Chapter III
Subchapter B. Non-Banking Organizations
Part 420
Mortgage Loan Originators: Licensing; Education Requirements
Banking
420.1
Mortgage loan originator license and revocation.
420.2
Exemptions.
420.3
Definitions.
420.4
Application procedure for initial license as an MLO.
420.5
Originating entities permitted to engage or contract with certain mortgage loan originators on an interim basis.
420.6
Notice of approval or denial of application; license; and internet listing.
420.7
Inactive status.
420.8
Suspension and termination of license.
420.9
Renewal of license.
420.10
Surrender of license.
420.11
Pre-licensing education requirement.
420.12
Approved education providers and courses.
420.13
Pre-license testing requirements.
420.14
Continuing educational requirements.
420.15
Surety bonds.
420.16
Reports; permissive challenges by licensees.
420.17
Calculation and collection of fees.
420.18
Duties of originating entity.
420.19
Duties of MLO.
420.20
Prohibited conduct.
420.21
Administrative action and penalties.
420.22
Effective date.