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Code · New York · Banking · Licensed Mortgage Loan Originators

§ 599-L. Reports by the superintendent; permissive challenges by licensees.

85 words·~1 min read·/ny/banking/licensed-mortgage-loan-originators/599-l·

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§ 599-l. Reports by the superintendent; permissive challenges by
licensees. 1. Notwithstanding any other provisions of law, the
superintendent shall report on a regular basis, not more than annually,
all violations of this article, as well as enforcement actions and other
relevant information, to the NMLSR subject to the provisions contained
in the confidentiality provisions of section five hundred ninety-nine-q
of this article.
2. The superintendent shall establish a process whereby a mortgage
loan originator may challenge information entered into the NMLSR by the
superintendent.
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