OAR 441-880-0320
Notice of Significant Events by Mortgage Loan Originator


A mortgage loan originator shall be required to notify the director within 30 days of the occurrence of any of the following significant developments:

(1)

Filing for bankruptcy;

(2)

Notice that a state began license revocation proceedings against the mortgage loan originator;

(3)

Filing of a felony indictment against the mortgage loan originator;

(4)

Convictions for any felony or conviction for a misdemeanor involving fraud;

(5)

Instances of material litigation occurring against the mortgage loan originator;

(6)

Changes in the information required on the mortgage loan originator’s application form, including, but not limited to address changes, phone number changes, and other information; and

(7)

Changes in the employment status of a mortgage loan originator.

Source: Rule 441-880-0320 — Notice of Significant Events by Mortgage Loan Originator, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=441-880-0320.

Last Updated

Jun. 8, 2021

Rule 441-880-0320’s source at or​.us