Home
Flashcards
Preview
Oregon State Licensing
Home
Get App
Take Quiz
Create
OR Licensing Law
Mortgage Lender Law
Regulatory agencies
Department of Consumer and Business Services
Division of Finance and Corporate Securities
DCBS regulates...
Workers' compensation
Occupational safety and health
Financial services
Insurance
Building codes
Small business
DFCS responsible for...
Depository financial institutions
Non-depository institutions
Securities
Loans subject to Mortgage Lender Law
Residential mortgage transaction
Mortgage banking loan
Mortgage loan
Mortgage broker definition
Anyone who makes and negotiates loans and handles investmens in "real estate paper"
MLO definition
Individual who earns compensation by taking residential loan application or by negotiating terms of a residential mortgage loan
Person required to be licensed
Mortgage brokers
Mortgage bankers
Mortgage loan originators
Mortgage banker exemptions
Fin. institutions
Fin. holding companies, bank holding companies, or savings and loan holding companies
Persons who use own funds to make loans
Oregon-licensed attorneys
Sellers
Agencies of U.S. or of a state
Persons holding mechanics liens
More banker exemptions
Out-of-state providers of loan funds
nonprofits
Mortgage brokers
Retirement or pension fund managers
Insurers
Court-appointed fiduciaries
Mortgage broker-specific exemptions
Purchasers of real estate issuing obligation to seller to finance transaction
Real estate licensees
Mortgage bankers
Persons licensed under OR law on Mobile Home and Manufactured Dwelling Parks
MLO exemptions
Author
manmakermusic
ID
227442
Card Set
Oregon State Licensing
Description
oregon test
Updated
2013-07-17T21:54:47Z
Show Answers
Home
Flashcards
Preview