658.210  Residential mortgage loan originator acting on behalf of privately insured institution or organization required to be licensed as mortgage agent.

1.  Any person authorized to engage in activities as a residential mortgage loan originator on behalf of a privately insured institution or organization licensed under title 55 or 56 of NRS shall obtain and maintain a license as a mortgage agent.

2.  As used in subsection 1:

(a) “Mortgage agent” has the meaning ascribed to in NRS 645B.0125; and

(b) “Residential mortgage loan originator” has the meaning ascribed to it in NRS 645B.01325.

(Added to NRS by 2009, 2693)