At least 20 days before a hearing is held on the fund claim by the office of administrative hearings (AS 44.64.010), the department shall send a copy of the claim filed with the department to
(1) each mortgage loan originator licensee alleged to have committed the misconduct resulting in the alleged loss;
(2) the employer of the mortgage loan originator licensee described in (1) of this section; and
(3) any other parties involved in the mortgage loan transaction that is the subject of the fund claim.