News & Analysis as of September 20, 2024

Exemptions

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Nevada Adopts Uniform State Test and Exempts Loan Processors and Underwriters from MLO Licensure

Ballard Spahr LLP on 6/20/2013

Another state agency has announced that it will be adopting the new national MLO test with the Uniform State Content. The Nevada Department of Business and Industry will adopt the test effective January 1, 2014....more

Vermont Amends Provision Governing Mortgage Brokers Engaging in Loan Processing or Underwriting

Ballard Spahr LLP on 6/3/2013

Vermont recently provided an exemption from the requirement that mortgage brokers provide a mortgage broker agreement in instances where the broker acts as an independent contractor loan processor or underwriter for a...more

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Underwriting › Mortgages › Exemptions

Nevada Adopts Uniform State Test and Exempts Loan Processors and Underwriters from MLO Licensure

Vermont Amends Provision Governing Mortgage Brokers Engaging in Loan Processing or Underwriting

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