OAR 441-890-0010
Biographical Information Required for Mortgage Servicer License Application

(1) Each of the following persons listed in section (2) of this rule shall submit a Form MU2 to the director of the Department of Consumer and Business Services through the NMLS.
(2) This rule applies to:
(a) Any director, officer, and a shareholder with a direct or indirect ownership of greater than or equal to ten percent of outstanding shares of a corporate applicant;
(b) The owner, if the applicant is an unincorporated sole proprietorship;
(c) Each managing partner of a limited partnership or a partner in a general partnership with a partnership interest greater than or equal to ten percent of the total partnership interests in the general or limited partnership;
(d) A member or managing member in a limited liability company with an ownership interest greater than or equal to ten percent of the total membership interests in the limited liability company; and
(e) Each manager of a branch office.

Source: Rule 441-890-0010 — Biographical Information Required for Mortgage Servicer License Application, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=441-890-0010.

Last Updated

Jun. 8, 2021

Rule 441-890-0010’s source at or​.us