§454F-1.5  Registration with Nationwide Mortgage Licensing System required.  (a)  All mortgage loan originators, mortgage loan originator companies, exempt sponsoring mortgage loan originator companies, and any other person in this State that originates a residential mortgage loan, unless exempt under section 454F-2, shall register with the Nationwide Mortgage Licensing System.

     (b)  Exempt registered mortgage loan originators, unless exempt under section 454F-2, shall register and maintain a unique identifier through the Nationwide Mortgage Licensing System, but shall not be required to be licensed under this chapter. [L 2010, c 84, pt of §3; am L 2011, c 194, §3]