Revision Note
Sections 454F-1 to 454F-26 designated as Part I pursuant to §23G-15.
§454F-24 Mortgage servicer companies; mortgage loan originators. An employee who performs mortgage loan originator activities for a mortgage servicer company is exempt from registration and licensure as a mortgage loan originator; provided that:
(1) The employee's actions are part of the employee's duties as an employee of the mortgage servicer company; and
(2) The employee provides mortgage loan originator services only with respect to a residential mortgage loan modification. [L 2012, c 252, pt of §1; am L 2014, c 198, §10]
Section: Previous 454f-17 454f-18 454f-19 454f-20 454f-21 454f-22 454f-23 454f-24 454f-25 454f-26 454f-41 454f-42 454f-43 454f-44 454f-45 NextLast modified: October 27, 2016