§454F-10 Authority to require license. In addition to any other duties imposed upon the commissioner, the commissioner shall require mortgage loan originators and mortgage loan originator companies to be licensed and registered through NMLS. The commissioner is authorized to participate in NMLS. The commissioner may establish by rule pursuant to chapter 91, requirements for mortgage loan originators and mortgage loan originator companies, including:
(1) Background checks of:
(A) Criminal history through fingerprint or other databases;
(B) Civil or administrative records;
(C) Credit history; and
(D) Any other source deemed necessary by NMLS;
(2) Fees to apply for or renew licenses through NMLS;
(3) The setting or resetting as necessary of license renewal and reporting dates;
(4) Requirements for amending or surrendering a license; and
(5) Any other activity the commissioner deems necessary to participate in NMLS. [L Sp 2009, c 32, pt of §2; am L 2010, c 84, §17; am L 2013, c 168, §12; am L 2016, c 122, §13]
Structure Hawaii Revised Statutes
Title 25. Professions and Occupations
454F. Secure and Fair Enforcement for Mortgage Licensing Act
454F-1.5 Registration with NMLS required.
454F-1.6 Presumption of control.
454F-1.7 Duties of a qualified individual and branch manager.
454F-2.5 Exempt sponsoring mortgage loan originator company; registration.
454F-3 Requirement of licensure.
454F-4 License and registration; application; issuance.
454F-4.5 Automatic secondary review of license application.
454F-6 Pre-licensing and re-licensing; education of mortgage loan originators.
454F-7 Testing of mortgage loan originators.
454F-8 Standards for license renewal.
454F-8.5 Reinstatement of expired licenses.
454F-9 Continuing education; mortgage loan originators.
454F-10 Authority to require license.
454F-10.6 Voluntary cessation of operation; surrender of license.
454F-10.7 Change in control of a licensee; fees.
454F-11 NMLS registry information; challenge process.
454F-12 Enforcement authorities; violations; penalties.
454F-15 Investigation and examination authority.
454F-16 Mortgage call reports.
454F-18 Powers of commissioner.
454F-19 Unique identifier shown.
454F-24 Limited exemption for mortgage loan originators employed by mortgage servicers.
454F-25 Nonprofit organizations; mortgage loan originators.
454F-41 to 454F-47 designated as Part II pursuant to §23G-15.
454F-42 Statute of limitation; recovery from fund.
454F-45 Subrogation of rights.
454F-47 Disciplinary action against licensee.