In the wake of the spread of the Coronavirus, state regulators are working with licensees to permit mortgage loan originators to work from home where it may otherwise be restricted. Depending on the state, licensees may be required to provide written notification to the applicable department and/or abide by set limitations while working from home. Also important is that the effectiveness of the temporary guidance has an end-date in some states, unless modified or withdrawn.
In order to ensure the temporary guidance of each state is followed, we recommend checking the NMLS page, which provides each of the state’s specific announcements.