NH Amends Renewal Requirements for New Licensees

Under a recently-enacted New Hampshire law, newly licensed mortgage bankers, brokers, servicers, and loan originators who initially become licensed between November 1 and December 31 are not required to renew that license at the end of the first partial year of licensure, but rather will have their first renewal at the end of the following year.

The amendment is effective for this year’s renewal period.