Does HUD Approval as a Correspondent or Non-Supervised Mortgagee
	Exempt a Lender or Broker from the Mortgage Licensing Requirements of the States listed below?
	Revised 1/14/04			HUD Approved
			HUD Approved	Non-Supervised
	STATE	Mortgage License	Correspondent Lender	Mortgagee
1	AL	Mortgage Lender	Yes but AL Approved Area Required	Yes but AL Approved Area Required
2	AR	Mortgage Company	NO	NO
3	HI	Mortgage Lender	Yes (as foreign lender) but only after receipt of opinion of counsel from licensed HI attorney	Yes (as foreign lender) but only after receipt of opinion of counsel from licensed HI attorney
4	KY	Mortgage Lender	Yes	Yes
5	LA	Mortgage Lender	NO	NO
6	MO	Mortgage Broker	Yes	Yes
7	MS	Mortgage Lender	Yes with Registration but MS Approved Area Required	Yes but MS Approved Area Required
8	OH	Mortgage Broker	NO	NO
9	OK	Mortgage Broker	Yes but only if deal w/ HUD loans exclusively	Yes but only if deal w/ HUD loans exclusively
10	TN	Mortgage Lender	Yes with Registration	Yes with Registration
11	TX	Mortgage Broker	No	Yes (only if in HUD Direct Endorsement Program)
12	NC	Mortgage Banker	No	No
13	WV	Mortgage Lender	Yes but only if deal w/ HUD loans exclusively	Yes but only if deal w/ HUD loans exclusively
14	SC	Mortgage Broker	Yes but only if deal w/ HUD loans exclusively	Yes but only if deal w/ HUD loans exclusively
15	IN	Mortgage Broker	Yes	Yes