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Financial Services Law Insights and Observations

South Carolina regulator extends interim guidance to mortgage brokers permitting remote work

State Issues Covid-19 South Carolina Mortgage Broker Broker-Dealer Mortgages Mortgage Origination

State Issues

On July 30, South Carolina Department of Consumer Affairs updated and extended its interim guidance for mortgage brokers, previously covered here. The interim guidance permitting mortgage loan originators to work remotely will be effective until rescinded. The Department will provide fifteen days’ notice to affected businesses before rescinding the guidance.

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