{"data":{"id":"us-or/ors-86a.183","jurisdiction":"us-or","citation":"ORS 86A.183","heading":"Prohibited conduct for mortgage bankers, mortgage brokers and mortgage loan originators; conditions affecting employment of mortgage loan originators.","body":"(1) A mortgage banker, mortgage broker or mortgage loan originator may not:\n      (a) Engage in dishonest, fraudulent or illegal practices or conduct in a business or profession or engage in unfair or unethical practices or conduct in connection with the mortgage business.\n      (b) Willfully or repeatedly violate or fail to comply with a provision of ORS 86A.095 to 86A.198 or 86A.200 to 86A.239 or a rule or order of the Director of the Department of Consumer and Business Services.\n      (c) Fail to account to persons interested for money or property received in connection with a mortgage loan.\n      (d) Fail to meet the training, education or continuing education requirements for mortgage loan originators set forth in ORS 86A.215 or 86A.221.\n      (e) Perform an act as a mortgage loan originator in a negligent or incompetent manner.\n      (2) An individual may not be employed by a mortgage banker or mortgage broker as a mortgage loan originator if:\n      (a) The individual was convicted of a crime or category of crime specified by the director by rule;\n      (b) The individual is suspended or has been prohibited from employment as a mortgage loan originator under ORS 86A.224;\n      (c) The employment violates any conditions imposed under ORS 86A.224; or\n      (d) The employment violates an order issued by the director, a state or federal agency or a court of competent jurisdiction.","path":["02 - Business Organizations, Commercial Code","9. Mortgages and Liens","Chapter 86A — Mortgage Lending"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors086A.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:11Z","sha256":"deda3009c56b747cad5d8505d9a850599e608b7e98dc66cc09462bc933e0f433","source_id":"us-or","stale":false,"prev":"us-or/ors-86a.180","next":"us-or/ors-86a.186"},"notice":"GroundRules: Original legal text. Not legal advice."}