Bill Title: Amends the Residential Mortgage License Act of 1987. Provides that each full service office (rather than office, place of business, or location) at which a residential mortgage licensee conducts any part of his or her business must be recorded with the Secretary of Financial and Professional Regulation. Provides that licensees may allow mortgage loan originators to work from a remote location if specified conditions are met. Provides that "full service office" does not include a remote location. Defines "remote location".

Spectrum: Partisan Bill (Democrat 7-0)

Status: (Passed) 2023-06-30 - Public Act . . . . . . . . . 103-0156 [HB2325 Detail]

Text: Latest bill text (Chaptered) [HTML]

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