New Hampshire Amends MLO Licensing Provisions

Ballard Spahr LLP
Contact

Ballard Spahr LLP

New Hampshire has amended provisions regarding the licensing laws of mortgage loan originators (MLO) from other states. The commissioner may conditionally approve an application for an MLO license if the applicant is currently licensed as a loan originator in another state and has met the requirements for issuing an MLO license in New Hampshire. The conditional approval expires after 60 days if the applicant does not provide proof of obtaining the required two hours of New Hampshire mortgage law education.

These provisions are effective starting August 28, 2017.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Ballard Spahr LLP | Attorney Advertising

Written by:

Ballard Spahr LLP
Contact
more
less

Ballard Spahr LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide