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Financial Services Law Insights and Observations

Oregon Division of Financial Regulation issues work from home guidance

State Issues Mortgages Loan Origination Licensing Covid-19 Oregon

State Issues

On March 12, the Oregon Division of Financial Regulation (DFR) issued Bulletin No. DFR 2020-6 temporarily authorizing Oregon-licensed mortgage loan originators and other employees of Oregon licensed mortgage lenders, mortgage loan services, consumer finance companies, payday/title lenders, and manufactured structure dealers to work from home while transacting business when certain conditions are met.