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Financial Services Law Insights and Observations

Colorado Dept. of Regulatory Agencies relaxes MLO work location rules

State Issues Colorado Mortgages Loan Origination Licensing

State Issues

On March 16, the Colorado Department of Regulatory Agencies sent an email reiterating that Colorado mortgage loan originatos (MLO) may perform licensed activities at a location other than at their registered work location. The Division notes that Colorado does not have any requirements regarding specific work locations at either the company or individual MLO level.