To implement an orderly and efficient licensing process for mortgage loan originators, the director may establish licensing rules and interim procedures for licensing and acceptance of applications. The director may establish expedited review and licensing procedures for individuals previously licensed as a residential mortgage loan broker in Missouri or for individuals who were previously an ultimate equitable owner of a residential mortgage loan broker in Missouri.
Mo. Rev. Stat. § 443.709
Rulemaking authority — expedited review and licensing procedures permitted,..
Known as the Missouri Secure and Fair Enforcement for Mortgage Licensing Act
The act spans §§ 443–443 (128 sections).
Effective: 08 Jul 2009, see footnote; (L. 2009 H.B. 382)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.