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Financial Services Law Insights and Observations

New Mexico regulator extends permission to work from home

State Issues Covid-19 New Mexico Mortgage Licensing Licensing Mortgages

State Issues

On May 28, the New Mexico Financial Institutions Division extended its guidance allowing mortgage licensees and their staff to work from home until August 31, 2020 (previously covered here). The guidance permits licensees and their staff to work from their home residences, which may not be licensed as a branch, if various conditions regarding data and information security, worker and customer health, and advertising are met.