The Commissioner will determine the appropriate minimum initial net worth that the mortgage broker must maintain in accordance with this section based on the expected average monthly balance of the accounts held by the mortgage broker in accordance with NRS 645B. If the Commissioner so requests, a mortgage broker who is subject to the provisions of this section and their mortgage agents must submit to the Commissioner or allow the Commissioner to review any documentation or other evidence related to the determination of the mortgage broker's net worth. A) Adopt regulations that prescribe rules for determining the net worth of a mortgage broker; and.
Haley Astrologo
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