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Ohio Allows Mortgage Business at Remote Locations

Ohio passed a bill allowing mortgage business at remote locations. Under the bill, lender, brokers, and servicers licensed under the Residential Mortgage Lending Act (RMLA), and entities holding a certificate of exemption under the RMLA, may conduct mortgage business at a remote location if certain conditions are met. The bill becomes effective September 13, 2022.

Click to view the Ohio Senate Bill 264: https://www.tenaco.com/wp-content/uploads/2022/06/OH-SB-264-06-24-22.pdf

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