Florida Office of Financial Regulation sets forth options related to the operation of various financial services industries

State Issues Covid-19 Florida Consumer Finance Mortgages Mortgage Origination Mortgage Licensing

On March 20, the Florida Office of Financial Regulation issued guidance to consumer finance industries regarding remote work.  Specifically, mortgage loan originators may work remotely so long as they do not conduct business in a manner that would require a license for their home.  In addition, state licensed mortgage companies are advised to take precautions to maintain safety and security of data and records in connection with remote work.