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Financial Services Law Insights and Observations

Alaska Dept. of Commerce communicates to NMLS on MLOs

State Issues NMLS Mortgages Loan Origination Licensing Covid-19 Alaska

State Issues

The Alaska Department of Commerce, Community & Economic Development communicated to NMLS that an Alaska mortgage loan originators’ (MLO) license is issued for a calendar year (being quarantined for 14-30 days would not be considered the “majority” of their time over the course of a year) and that a branch registration for the MLO’s home would not be required for this short period of time.

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