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Mortgage Lender and Broker Licensing Exemption Repealed


Monday, July 25, 2005
Reference: 
05-BB-02 7/25

This bulletin applies to all persons making or brokering (or intending to make or broker) a residential mortgage loan in the District of Columbia (“District”).

The purpose of the bulletin is to inform such persons that District law requires a person who makes or brokers a single residential mortgage loan in the District to be licensed by the Department of Insurance, Securities and Banking (“Department”) as a mortgage lender or broker.

BKG

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Bulletin 05-BB-02 7/2523.97 KB