(1) The Legislative Assembly finds and declares that:\n(a) The public interest is served by identifying a mortgage loan originator with a specific mortgage banker or mortgage broker; and\n(b) The public must be protected from the conflicts of interest created when a mortgage loan originator is employed by more than one mortgage lender.\n(2) A mortgage loan originator may not originate loans for more than one mortgage banker, mortgage broker or other mortgage lender or independent mortgage agency at the same time. [Formerly 59.967]
Oregon Legal Code