Warwick, NY asked in Banking, Stockbroker Fraud and Business Law for New York

Q: MLO license withdrawn after 20 yrs. Under article 12 e NYS law ? Conn. renewal denied. Can MLO work in another state?

Top producer and branch manager. Made a wonderful living in the banking industry. Banking License withdrawn under article 12 e. What does that mean? Denied renewal of license to sell in Connecticut too. Poor Credit? Are you allowed to apply for MLO license in the state of NJ or any other Jurisdiction? Do you have to report that you failed the S.A.F.E test in NYS when applying in another jurisdiction?

1 Lawyer Answer
Barry E. Janay
Barry E. Janay PRO label
  • Business Law Lawyer
  • Florham Park, NJ
  • Licensed in New York

A: Your questions are very specific and require review of documents. I suggest you retain an attorney on a limited basis to advise you. If you like I can assist.

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