Okla. Stat. tit. 59, § 59-2095.3: Exemptions

The following are exempt from all provisions of the Oklahoma

Secure and Fair Enforcement for Mortgage Licensing Act:

1. Registered mortgage loan originators, when acting for an

entity described in divisions (1), (2) and (3) of subparagraph a of

paragraph 19 of Section 2095.2 of this title;

2. An individual who offers or negotiates or modifies terms of

a residential mortgage loan with or on behalf of an immediate family

member of the individual;

3. An individual who offers or negotiates or modifies terms of

a residential mortgage loan secured by a dwelling that served as the

individual’s residence;

4. A licensed attorney who negotiates or modifies the terms of

a residential mortgage loan on behalf of a client as an ancillary

matter to the attorney’s representation of the client, unless the

attorney is compensated by a lender, a mortgage broker or other

mortgage loan originator or by any agent of such lender, mortgage

broker, or other mortgage loan originator;

5. Entities described in divisions (1), (2) and (3) of

subparagraph a of paragraph 19 of Section 2095.2 of this title; or

6. Any entity that is an organization recognized by the

Internal Revenue Service as a 501(c)(3) charitable entity that meets

the conditions set forth in (B) through (F) of subparagraph (ii),

paragraph (7), subsection (e) of Section 1008.103 of Title 12 of the

Code of Federal Regulations.