Section 50307.2 Of Chapter 5. Administration And Powers Of The Commissioner From California Financial Code >> Division 20. >> Chapter 5.
50307.2
. The commissioner may require a licensee that employs one
or more mortgage loan originators to submit to the Nationwide
Mortgage Licensing System and Registry reports of condition, which
shall be in such form and shall contain such information as the
Nationwide Mortgage Licensing System and Registry may require.