Cal. Code Regs. Tit. 10, § 2945.1 - Effect of License Discipline on Mortgage Loan Originator License Endorsement

Current through Register 2021 Notice, Register No. 40, October 1, 2021

Real estate license discipline, including a revocation, a suspension, a voluntary surrender of a real estate license, a public reproval, and/or a bar order, may be cause for the revocation and/or suspension of the real estate licensee's mortgage loan originator license endorsement. The disciplinary action on an existing license endorsement may be imposed via the same process and within the same order as the license discipline.

Notes

Cal. Code Regs. Tit. 10, § 2945.1

Note: Authority cited: Sections 10080 and 10166.17, Business and Professions Code. Reference: Sections 10150(d), 10151(e) and 10166.05(a), Business and Professions Code.

1. New article 18.9 (sections 2945.1-2945.4) and section filed 2-23-2010 as an emergency; operative 2-23-2010 (Register 2010, No. 9). A Certificate of Compliance must be transmitted to OAL by 8-23-2010 or emergency language will be repealed by operation of law on the following day.
2. Certificate of Compliance as to 2-23-2010 order transmitted to OAL 5-6-2010 and filed 6-29-2010 (Register 2010, No. 27).

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