California Financial Code

§ 22105.1

FIN § 22105.1 Effective Jan 1, 2023Div. 9 · Ch. 1 · Art. 3

Statute text

(a)An applicant for a mortgage loan originator license shall apply by submitting the uniform form prescribed for such purpose by the Nationwide Mortgage Licensing System and Registry. The commissioner may require the submission of additional information or supporting documentation to the department.

(b)Section 461 of the Business and Professions Code shall not be applicable to the Department of Financial Protection and Innovation when using a national uniform application adopted or approved for use by the Nationwide Mortgage Licensing System and Registry in connection with the SAFE Act.

(c)In connection with an application for a license as a mortgage loan originator, the applicant shall, at a minimum, furnish to the Nationwide Mortgage Licensing System and Registry information concerning the applicant’s identity, including the following:

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Legislative history

Amended by Stats. 2022, Ch. 452, Sec. 134. (SB 1498) Effective January 1, 2023.