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Information herein is for educational purpose only and is not meant to be a complete statement of all state mortgage licensing requirements. Additional State and FHA mortgage licensing requirements may be required. If you need further information, we would encourage you to contact us directly.
New York Mortgage Loan Originator Act
Following the current industry trend, New York has adopted the Registered Mortgage Loan Originators Act (MLO Act). The MLO Act, which although effective as of January 1, 2007 will not go into effect until January 1, 2008, requires that mortgage loan originators register with the New York Department of Banking (Department).
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05.27.2007. 21:41
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