Certain residential mortgage loan originators required to obtain and maintain license as mortgage agent. [Effective through December 31, 2019.]

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1. Any person authorized to engage in activities as a residential mortgage loan originator on behalf of an installment loan lender licensed under chapter 675 of NRS shall obtain and maintain a license as a mortgage agent.

2. As used in this section:

(a) "Mortgage agent" has the meaning ascribed to in NRS 645B.0125; and

(b) "Residential mortgage loan originator" has the meaning ascribed to it in NRS 645B.01325.

(Added to NRS by 2011, 3637)


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