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state_legiscan_drain · NY

Provides remote work flexibilities for licensed mortgage loan originators and staff and employees of licensed mortgage bankers, registered mortgage brokers and mortgage loan servicers under certain circumstances.

June 2, 2026

Summary

If enacted, this bill would allow licensed mortgage loan originators and employees of licensed mortgage bankers, registered mortgage brokers, and mortgage loan servicers to work remotely under certain conditions, without requiring additional physical branch locations for regulatory compliance. It aims to modernize workplace arrangements while maintaining oversight by the state's banking regulator.

Source: https://www.nysenate.gov/legislation/bills/2025/A11565

Common questions

What does "Provides remote work flexibilities for licensed mortgage loan originators and staff and employees of licensed mortgage bankers, registered mortgage brokers and mortgage loan servicers under certain circumstances." cover?
If enacted, this bill would allow licensed mortgage loan originators and employees of licensed mortgage bankers, registered mortgage brokers, and mortgage…
When was it published?
It was published on June 2, 2026.

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