California Code of Regulations
Title 10 - Investment
Chapter 6 - Real Estate Commissioner
Article 7.5 - Mortgage Loan Originator License Endorsement
Section 2758.1 - Examination

Universal Citation: 10 CA Code of Regs 2758.1

Current through Register 2024 Notice Reg. No. 38, September 20, 2024

(a) The examination to qualify for a mortgage loan originator license endorsement shall be administered through the federal Nationwide Mortgage Licensing System and Registry and will consist of a national component and California state component. No portion of the examination is applicable, or a condition precedent, to the application required to obtain a real estate license in California.

(b) A person taking the examination to qualify for a mortgage loan originator license endorsement shall abide by the rules, policies, and procedures set forth by the Nationwide Mortgage Licensing System and Registry.

1. New article 7.5 (sections 2758.1-2758.7) 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 A Certificate of Compliance must be transmitted to OAL by 8-23-2010 or emergency language will be repealed by operation of law on the following day.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).

Note: Authority cited: Sections 10080 and 10166.17, Business and Professions Code. Reference: Sections 10150(d), 10151(e), 10166.02(b)(2), 10166.02(d) and 10166.06, Business and Professions Code.

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