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Upon becoming employed by a state-licensed mortgage company, an individual who works for a depository...

Upon becoming employed by a state-licensed mortgage company, an individual who works for a depository institution as a mortgage loan originator (MLO) shall not be deemed to have temporary authority to act as an MLO in an application state if which of the following events has occurred?

A.

The individual has been a witness in a trial at which the defendant was convicted of felony fraud.

B.

The individual has been subject to a court order for payment of child support.

C.

The individual had an application for an MLO license denied or an MLO license revoked or suspended in any Governmental jurisdiction.

D.

The individual has submitted an application to be a state-licensed MLO in the application state and was registered in the NMLS as an MLO by the prior employer.

NMLS MLO Summary

  • Vendor: NMLS
  • Product: MLO
  • Update on: Jul 22, 2025
  • Questions: 230
Price: $52.5  $149.99
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