New Jersey S3546 allows mortgage loan originators to work from remote locations under specific conditions.
New Jersey S3546 permits mortgage loan originators to conduct licensable activities from remote locations, such as a place of residence, provided certain conditions are met. These conditions include having written supervisory policies, ensuring access to company platforms and customer information complies with a comprehensive information security plan, prohibiting in-person customer interactions at a residence unless it is a licensed location, and not maintaining physical records at the remote location.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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