<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".09" citation="COMAR 09.03.09.09" title_num="09" subtitle_num="03" chapter_num="09" heading="Advertising and Solicitation.">
  <paragraph num="A.">
    <text>A mortgage loan originator may not publish, or cause to be published, any advertisement, or make or cause to be made any representation, that:</text>
    <paragraph num="(1)">
      <text>Contains any false, misleading, or deceptive statements regarding the making, brokering, or servicing of mortgage loans; or</text>
    </paragraph>
    <paragraph num="(2)">
      <text>Misrepresents terms, availability, rates, or charges incident to a mortgage loan.</text>
    </paragraph>
  </paragraph>
  <paragraph num="B.">
    <text>Licensee Name and Address.</text>
    <paragraph num="(1)">
      <text>A mortgage loan originator may not advertise under any name or address other than the name and address which appear on its license.</text>
    </paragraph>
    <paragraph num="(2)">
      <text>Notwithstanding §B(1) of this regulation:</text>
      <paragraph num="(a)">
        <text>An advertisement need not disclose any address of the advertiser; and</text>
      </paragraph>
      <paragraph num="(b)">
        <text>A mortgage loan originator may advertise under any name:</text>
        <paragraph num="(i)">
          <text>By which the mortgage loan originator is commonly known; and</text>
        </paragraph>
        <paragraph num="(ii)">
          <text>Which is shown in the mortgage loan originator’s NMLSR record.</text>
        </paragraph>
      </paragraph>
    </paragraph>
    <paragraph num="(3)">
      <text>In any advertisement, a mortgage loan originator must disclose:</text>
      <paragraph num="(a)">
        <text>The name or approved trade name of the mortgage loan originator’s employer; and</text>
      </paragraph>
      <paragraph num="(b)">
        <text>The mortgage loan originator’s NMLSR Unique Identifier.</text>
      </paragraph>
    </paragraph>
    <paragraph num="(4)">
      <text>Notwithstanding §B(3) of this regulation, a mortgage loan originator who utilizes social media for advertising purposes need not disclose the name of the mortgage loan originator’s employer or the NMLSR Unique Identifier of the mortgage loan originator in each statement published through a social media platform, provided that such information is disclosed prominently on the mortgage loan originator’s home page within that social media platform.</text>
    </paragraph>
  </paragraph>
</regulation>