Altering certain provisions of law relating to the licensing of mortgage loan originators to provide for the licensing of certain independent contractors as mortgage loan originators under certain circumstances; and requiring licensed mortgage lenders to supervise certain activities of certain mortgage loan originators in a certain manner.

Statutes affected:
Text - First - Financial Institutions - Mortgage Loan Originators - Independent Contractors: 11-606 Financial Institutions, 11-501 Financial Institutions, 11-511.2 Financial Institutions, 11-601 Financial Institutions, 11-602 Financial Institutions, 11-603 Financial Institutions, 11-603.1 Financial Institutions, 11-606 Financial Institutions, 11-606.1 Financial Institutions, 11-612 Financial Institutions, 11-618 Financial Institutions, 11-619 Financial Institutions, 11-508 Financial Institutions, 11-620 Financial Institutions, 11-621 Financial Institutions
Text - Third - Financial Institutions - Mortgage Loan Originators - Independent Contractors: 11-606 Financial Institutions, 11-501 Financial Institutions, 11-511.2 Financial Institutions, 11-601 Financial Institutions, 11-602 Financial Institutions, 11-603 Financial Institutions, 11-603.1 Financial Institutions, 11-606 Financial Institutions, 11-606.1 Financial Institutions, 11-612 Financial Institutions, 11-618 Financial Institutions, 11-619 Financial Institutions, 11-508 Financial Institutions, 11-620 Financial Institutions, 11-621 Financial Institutions