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Financial Services Law Insights and Observations

Washington Department of Financial Institutions extends “work from home” guidance

State Issues Covid-19 Washington Financial Institutions Mortgage Licensing Mortgage Origination Loan Origination

State Issues

On October 26, 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 (previously covered here, here, and here) permitting mortgage loan originators to work from home, provided certain data security obligations are met.  The guidance extends through March 31, 2021.

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