Module 1:
Washington
Mortgage Industry
Regulation
1-Hour WA SAFE Continuing
Education
Module 1: Washington
Mortgage Industry Regulation
Washington Regulation
ď‚› Washington Department of Financial
Institutions
ď‚› Director of Financial Institutions
ď‚› Mortgage Broker Commission
ď‚› DFI Divisions
ď‚› Entities Licensed and Regulated by the Division of
Consumer Services
Module 1: Washington
Mortgage Industry Regulation
Washington Regulation
ď‚› Washington Statutes and Regulations
ď‚› Washington Revised Statutes
 RCW – Title 19 – Miscellaneous Business
Regulations
 RCW – Title 31- Miscellaneous Loan Agencies
 RCW – Title 43- State Government - Executive
ď‚› Mortgage Broker Practices Act
ď‚› Activities Allowed under the Mortgage Broker
Practices Act
Module 1: Washington
Mortgage Industry Regulation
Washington Regulation
ď‚› Washington Statutes and Regulations
ď‚› Consumer Loan Act
ď‚› Activities Allowed under the Consumer Loan Act
ď‚› Washington Administrative Code
 WAC – Title 208 – Department of Financial
Institutions
Module 1: Washington
Mortgage Industry Regulation
Overview of Licenses Regulated by
the DFI
ď‚› Loan Originator License
ď‚› License Renewal
ď‚› Requirements to Renew a Loan Originators
License
Module 1: Washington
Mortgage Industry Regulation
Overview of Licenses Regulated by
the DFI
ď‚› Mortgage Broker License
ď‚› Mortgage Brokers License Renewal
ď‚› Requirements for Renewal
ď‚› Consumer Loan Company License
ď‚› Licensed Activities for Consumer Loan
Company
ď‚› Expiration of License(s)

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Module 1

  • 2. Module 1: Washington Mortgage Industry Regulation Washington Regulation ď‚› Washington Department of Financial Institutions ď‚› Director of Financial Institutions ď‚› Mortgage Broker Commission ď‚› DFI Divisions ď‚› Entities Licensed and Regulated by the Division of Consumer Services
  • 3. Module 1: Washington Mortgage Industry Regulation Washington Regulation ď‚› Washington Statutes and Regulations ď‚› Washington Revised Statutes ď‚› RCW – Title 19 – Miscellaneous Business Regulations ď‚› RCW – Title 31- Miscellaneous Loan Agencies ď‚› RCW – Title 43- State Government - Executive ď‚› Mortgage Broker Practices Act ď‚› Activities Allowed under the Mortgage Broker Practices Act
  • 4. Module 1: Washington Mortgage Industry Regulation Washington Regulation ď‚› Washington Statutes and Regulations ď‚› Consumer Loan Act ď‚› Activities Allowed under the Consumer Loan Act ď‚› Washington Administrative Code ď‚› WAC – Title 208 – Department of Financial Institutions
  • 5. Module 1: Washington Mortgage Industry Regulation Overview of Licenses Regulated by the DFI ď‚› Loan Originator License ď‚› License Renewal ď‚› Requirements to Renew a Loan Originators License
  • 6. Module 1: Washington Mortgage Industry Regulation Overview of Licenses Regulated by the DFI ď‚› Mortgage Broker License ď‚› Mortgage Brokers License Renewal ď‚› Requirements for Renewal ď‚› Consumer Loan Company License ď‚› Licensed Activities for Consumer Loan Company ď‚› Expiration of License(s)