New York Codes, Rules and Regulations
Title 3 - BANKING
Chapter III - SUPERINTENDENT'S REGULATIONS
Subchapter B - NON-BANKING ORGANIZATIONS
Part 410 - Mortgage Bankers: Licensing Requirements; Mortgage Brokers: Registration Requirements; Branch Applications: Notifications: Books And Records; Annual Reports; Surety Bonds; And Consultants Of Licensed Mortgage Bankers And Registered Mortgage Brokers
Section 410.2 - Application procedure; licenses
Current through Register Vol. 46, No. 12, March 20, 2024
Application for a license to engage in the business of mortgage banking shall be made in such form as may be prescribed by the superintendent and may be obtained by written request addressed to the Banking Department, Attn: Mortgage Banking Division, at the address set forth in section 1.1 of Supervisory Policy G 1 of this Title.
(a) Fee. A completed application must be accompanied by payment of the fee specified in section 1.2 of Supervisory Policy G 1 of this Title.
(b) Application form. The application for licensure as a mortgage banker shall be in writing, subscribed by the applicant under penalty of perjury, and shall contain the information and documents referred to in Supervisory Procedure MB 101 of this Title as well as any other information and documents deemed reasonable and necessary by the superintendent.
(c) Fingerprints. The applicant shall provide a set of fingerprints in such form as shall be accepted for processing by the New York State Criminal Justice System.
(d) Background information. The applicant shall provide a report from a qualified investigatory firm detailing the personal and financial background of the applicant, or such officers or partners of the applicant as the superintendent may require.
