8-140. Mortgage loan originator; registration.
115 words·~1 min read·
/ne/chapter-8/8-140A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any financial institution chartered by the department that employs a mortgage loan originator, as defined in section 45-702 , shall register such employee with the Nationwide Mortgage Licensing System and Registry, as defined in section 45-702 , by furnishing the following information concerning the employee's identity to the Nationwide Mortgage Licensing System and Registry:
(1)Fingerprints for submission to the Federal Bureau of Investigation, and any governmental agency or entity authorized to receive such information, for a state and national criminal history background check; and
(2)Personal history and experience, including authorization for the Nationwide Mortgage Licensing System and Registry to obtain information related to any administrative, civil, or criminal findings by any governmental jurisdiction.