LO licensing

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CFPB issues clarification on upcoming changes to loan originator licensing rules

Nov 19, 2019By

In just five days, the licensing rules for mortgage loan originators will change, making it easier for LOs to change jobs and continue originating mortgages without any license-related delays. And with those changes about to take effect, the CFPB issued a clarification recently on the licensing rules to address a possible loophole that could have left certain LOs unable to originate mortgages at their new jobs.

3d rendering of a row of luxury townhouses along a street

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