2945.2. Effect of Prior License Discipline on Mortgage Loan Originator License Endorsement Application.
(a) Where a real estate licensee was subject to a real estate license discipline action filed by the Bureau prior to January
1, 2010, resulting in discipline in the form of a revocation and/or suspension, such discipline in itself shall not be the
sole basis to deny the issuance of a mortgage loan originator license endorsement.
(b) Where a real estate licensee was subject to a real estate license discipline action filed by the Bureau on January 1,
2010, or later, resulting in a revocation, a suspension, a voluntary surrender of a real estate license, a public reproval,
and/or a bar order, such discipline alone may be cause for denial of a subsequent mortgage loan originator license
endorsement.
(c) A disciplinary action resulting in the revocation of a real estate license with an immediate right to a restricted real
estate license shall not constitute a revocation for purposes of invoking a lifetime ban from holding a mortgage loan
originator license endorsement.