By the Division of Banks

Use Of License Number In Advertisements

A licensed mortgage lender in Massachusetts pursuant to Mass. Gen. Laws ch. 255E is subject to the provisions of regulation 209 CMR 42.00. Under 209 CMR 42.15, a licensee must disclose the type and number of its license "in all advertisements". There is no distinction made in this section between advertisements made within this state or those used in national or regional advertisements. It has been the consistent position of the Division that a licensed mortgage lender in the Commonwealth must disclose the type and number of its license in all advertisements, including national or regional advertisements.