RCW 31.04.227Mortgage loan origination—Independent contractors.An independent contractor may not engage in residential mortgage loan origination activities as a loan processor unless the independent contractor obtains and maintains a license under this chapter. Each independent contractor *loan processor licensed as a mortgage loan originator must have and maintain a valid unique identifier issued by the nationwide mortgage licensing system **and registry.[ 2009 c 120 s 12.]NOTES:Reviser's note: *(1) The term 'loan processor' was changed to 'loan processor or underwriter' by 2013 c 29 s 1.**(2) The term 'and registry' was removed by 2013 c 29 s 1.Findings—Declaration—2009 c 120: See note following RCW 31.04.015.
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