Permits mortgage loan originators to work from remote locations under certain circumstances.

This bill (S 4888) allows licensed mortgage loan originators in New Jersey to perform their work from home or other remote locations under specific conditions. It directly affects mortgage professionals who currently must work from office locations. Key requirements include having written supervisory policies, maintaining secure access to customer data via a security plan, prohibiting in-person customer meetings at home (unless the home is licensed), and not storing physical records remotely. The law takes effect immediately upon enactment.