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Requirements for MLOs and Employees of Licensees Working from a Remote Location

The Vermont Department of Financial Regulation issues this Bulletin to withdraw and replace Banking Bulletin #42: Mortgage Loan Originators, Reasonable Commuting Distance from Residence to Office of Employment. This Bulletin provides interim guidance for licensees, pending the Department’s adoption of regulations, to comply with Vermont’s amended law allowing Mortgage Loan Originators (MLOs) and employees of licensees to work remotely.

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