2009-08-31 — ml-implode.com
"The Colorado General Assembly passed House Bill 1085 in 2009. This bill became effective August 5th, 2009. House Bill 1085 defines circumstances in which the Director may inactivate a mortgage loan originator license if they have failed to comply with the education and testing requirements.
As a result, the Director inactivated 4,560 licenses on August 31, 2009."
[The above figure represents over half of all Colorado Licensees]
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