Mortgage loan originator activities license or registration lapse or expiration; written examination for licensure or registration

Sec. 6. If an individual who has been issued a mortgage loan originator license under this article, or a license or registration issued by another state or jurisdiction allowing the individual to perform mortgage loan origination activities: (1) allows the individual's license or registration to lapse; or (2) otherwise has not been a registered mortgage loan originator, been issued a mortgage loan originator license, or otherwise maintained a license or registration to perform mortgage loan origination activities; for a period of at least five (5) years, the individual must pass the written examination required by this chapter as a condition of relicensure or reregistration. As added by P.L.175-2019, SEC.2. Amended by P.L.89-2024, SEC.19.