Unless a person is a supervised financial organization, a financial institution holding company as defined in Title 9‑B, section 1011, subsection 1 or a mutual holding company as defined in Title 9‑B, section 1052, subsection 2 or has first obtained a license pursuant to this Act from the administrator authorizing the person to make or service supervised loans, the person may not engage in the business of:
1. Making supervised loans;
2. Taking assignments of and undertaking direct collection of payments from or enforcement of rights against debtors arising from supervised loans; or
3. Servicing mortgage loans.