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Can you summarize NVAC 645E?
Nevada Administrative Code > Mortgage Bankers
Short Summary
These legal documents pertain to the licensing and regulation of mortgage bankers in Nevada. They outline the requirements and procedures for obtaining a license, including the qualifications and experience needed. The documents also cover the use of fictitious names, advertising regulations, change of control, surety bond requirements, reporting obligations, record retention, and examination procedures. Additionally, the documents address the conduct of hearings, including rules of evidence and the authority of the Commissioner to make informal dispositions or enter into consent agreements. No specific exemptions or penalties are mentioned in these documents.
Whom does it apply to?
Mortgage bankers, control persons, employees, and applicants for a license as a mortgage banker
What does it govern?
Licensing and regulation of mortgage bankers in Nevada
What are exemptions?
No specific exemptions are mentioned.
What are the Penalties?
No specific penalties are mentioned in this document.
Jurisdiction
Nevada