658.210 - Residential mortgage loan originator acting on behalf of privately insured institution or organization required to be licensed as mortgage agent.
658.210 Residential mortgage loan originator acting on behalf of privately insured institution or organization required to be licensed as mortgage agent.
1. Any person authorized to engage in activities as a residential mortgage loan originator on behalf of a privately insured institution or organization licensed under title 55 or 56 of NRS shall obtain and maintain a license as a mortgage agent.
2. As used in subsection 1:
(a) “Mortgage agent” has the meaning ascribed to in NRS 645B.0125; and
(b) “Residential mortgage loan originator” has the meaning ascribed to it in NRS 645B.01325.
(Added to NRS by 2009, 2693)