NY Banking L § 599-M (2021)
2021 New York Laws BNK - Banking Article 12-E - Licensed Mortgage Loan Originators 599-M - Required Records and Reporting.

§  599-m. Required records and reporting. 1. Educational records. Each originating entity shall obtain and retain acceptable  documentation  of the  satisfactory  completion  of education courses required pursuant to this article by each mortgage loan originator employed by or  affiliated with such originating entity and shall provide such documentation at the request  of  the superintendent. Such documentation shall be retained by an originating entity for six years. An originating entity shall  retain a  copy  of  any  original  proof  or record of completion provided by a mortgage loan originator. In those instances when an originating  entity also retains the original proof or record of such completion of any then applicable  education requirement, such originating entity shall provide the original proof  or  record,  upon  request,  when  a  mortgage  loan originator  terminates  or  has  terminated  his  or  her  employment or affiliation with the originating entity.   2. List of licensed  mortgage  loan  originators.  The  superintendent shall  maintain  upon  the internet web-page of the department a list of the mortgage loan originators licensed and in good standing.  Such  list shall  indicate the name, license number and current originating entity, if any, employing each  mortgage  loan  originator  or  with  whom  such mortgage loan originator is affiliated.   3. Reports by originating entities. Each originating entity shall on a quarterly  basis  in  each  calendar year provide the superintendent, in written or electronic form, with a list of the mortgage loan originators employed by, or affiliated with, such originating entity and shall  also advise  in  such  report  of  any dismissal for cause of a mortgage loan originator employed by, or  affiliated  with,  such  originating  entity during  such quarter, which is due or based upon an alleged violation of this chapter or any law involving real property.   4. Reports by mortgage loan originators. Each mortgage loan originator shall promptly notify the superintendent of the following:  (a) A change in his or her primary residence address;  (b) Any felony conviction or pending felony charges; any charge of  or conviction with respect to a misdemeanor involving financial services or a  financial  services  related  business;  or  any charge or conviction involving fraud, false statements or omissions, theft or wrongful taking of property,  bribery,  perjury,  forgery  or  extortion  subsequent  to initial authorization;  (c)  Any  termination of or resignation from employment of affiliation with an originating entity;  (d) Any initiation, settlement or resolution of any complaint,  action or  proceeding  brought  against  him  or  her  by  a  state  or federal governmental unit or self-regulatory organization in connection  with  a financial  services-related  activity  or  business  or involving fraud, misrepresentation, consumer deception, larceny or perjury;  (e) Any initiation, settlement or resolution of any other civil action or proceeding against him or  her  involving  fraud,  misrepresentation, larceny or perjury; and  (f) Any other matters as directed by the superintendent.