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Financial Services Law Insights and Observations

Rhode Island Dept. of Business Regulation issues work from home guidance

State Issues Licensing Mortgages Loan Origination Covid-19 Rhode Island

State Issues

On March 13, the Rhode Island Department of Business Regulation, Banking Division issued Banking Bulletin 2020-1 providing interim regulatory guidance allowing licensed mortgage loan originations to work from home, whether located in Rhode Island or another state, even if the home is not a licensed branch subject to certain conditions.

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