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Connecticut Department of Banking Issues Order Establishing Remote Office Locations on a Permanent Basis

Connecticut’s Banking Commissioner signed an order that permits individuals engaged in certain licensable activity on behalf of certain consumer credit licensees to work from remote office locations not licensed as branch...more

Georgia and Colorado Address MLO Temporary Authority to Operate

Following receipt and consideration of three written comments on proposed rules distributed on November 18, 2019, the Georgia Department of Banking and Finance adopted final rules on December 20, 2019, that establish...more

Minnesota Revises Its Residential Mortgage Originator and Servicer Licensing Act to Remove References to “Subprime”

Effective July 1, 2019, among other things, the definition of “subprime loan” set forth in Subdivision 27 of Section 58.02 of the Residential Mortgage Originator and Servicer Licensing Act is repealed. ...more

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