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Broker G
311 Posts |
 Posted - 07/02/2009 : 2:35:05 PM
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| Thus, in many states no licensing rules exist yet with only 6 months left until loan originators who remain unlicensed will be excluded from working in the industry.Has anyone else heard anything about this? I just read this on another blog. |
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seedoo2006
47 Posts |
Posted - 07/02/2009 : 2:56:50 PM
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| I do not know of many states without l/o licensing laws. New Mexico maybe? But yes many states are adopting the National Licensing System effecting 2010. |
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AK__47
1629 Posts |
Posted - 07/02/2009 : 3:01:38 PM
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| I think wyoming has no license requirements |
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kellamtom
1131 Posts |
Posted - 07/02/2009 : 5:04:32 PM
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| does this includes all of those originators at bofa and the banker shops |
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Broker G
311 Posts |
Posted - 07/02/2009 : 5:13:03 PM
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| I wonder how this would affect loan officers that work for state or federal chartered banks if they were to try and get licensed after 2010 with a licensed mortgage company that have no exemptions? Bob(of 1003s) are you around to answer this question? |
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