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