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What is the definition of a registered loan originator?

April 26, 2017definition loan Originator registered

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What is the definition of a registered loan originator?

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Registered loan originator means a loan originator who is employed by a depository institution, by a subsidiary that is owned and controlled by a depository institution and regulated by a federal banking agency, or by an institution regulated by the Farm Credit Administration and who is registered with and maintains a unique identifier through the registry. (F.S.