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Financial Services Law Insights and Observations

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

State Issues Covid-19 Washington Mortgage Licensing Mortgage Origination Loan Origination Licensing Privacy/Cyber Risk & Data Security

State Issues

On January 29, 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 hereherehere, and here) permitting mortgage loan originators to work from home, provided certain data security obligations are met. The guidance extends through December 31, 2021.