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Financial Services Law Insights and Observations

Montana regulator permits non-depository licenses to work from home

State Issues Covid-19 Montana Licensing

State Issues

The Montana Division of Banking and Financial Institutions announced that it is temporarily permitting non-depository licensees and their employees to work from home, whether the home is in Montana or another state. The permission also applies even if the home is not a licensed branch.  Non-depository licensees include, among others, licensed mortgage loan originators, loan processors, and underwriters.