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2019 HB 6993: An Act Concerning Temporary Authority To Act As A Mortgage Loan Originator And Defining The Circumstances Constituting A Change Of Control Person.

To (1) allow mortgage loan originators who have been licensed as a mortgage loan originator in another state or employed as a federal registered loan originator to temporarily act as a mortgage loan originator in this state, and (2) define the circumstances constituting a "change in control" for purposes of filing certain advance change notices with the commissioner.

Behind the Bill