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Financial Services Law Insights and Observations

Washington Department of Financial Institutions extends guidance regarding remote work for mortgage loan originators

State Issues Covid-19 Washington Mortgages Loan Origination Mortgage Origination

State Issues

On May 7, the Washington Department of Financial Institutions issued interim regulatory guidance to licensed mortgage loan originators and companies that sponsor them relating to temporary remote work. The guidance extends earlier interim guidance permitting mortgage loan originators to work from home, previously covered here, until July 10, 2020.