California Financial Code CHAPTER 3.5 - Mortgage Loan Originators

• Section 50140.
  (a) An applicant for a license as a mortgage loan originator shall apply by submitting the uniform form prescribed for that purpose by the Nationwide Mortgage...
• Section 50141.
  (a) The commissioner shall deny an application for a mortgage loan originator license unless the commissioner makes at a minimum the following findings:(1) The applicant has never...
• Section 50142.
  (a) An applicant for a mortgage loan originator license shall complete at least 20 hours of education approved in accordance with subdivision (b). The education shall...
• Section 50143.
  (a) An applicant for a mortgage loan originator license shall pass a qualified written test developed or otherwise deemed acceptable by the Nationwide Mortgage Licensing System...
• Section 50144.
  (a) A mortgage loan originator shall comply with the requirements of this section on or before December 31 of every year.(b) The minimum standards for license renewal...
• Section 50145.
  (a) A licensed mortgage loan originator shall complete at least eight hours of continuing education approved in accordance with subdivision (b). The continuing education shall include...
• Section 50146.
  In addition to any other duties imposed upon the commissioner by law, the commissioner shall require mortgage loan originators to be licensed and registered through...

Last modified: October 22, 2018