An individual with temporary authority to operate as a mortgage loan originator (MLO) in a state is: A subject to all requirements of the federal SAFE Act and to applicable state law as if fully licensed by that state. 8 subject only to requirements specific to federally registered MLOs until their state license application has either been approved or denied temporarily exempt from prohibitions related to criminal history that would otherwise preclude licensure under that state's law. D only authorized to perform duties at the direction of and subject to the supervision of an individual already licensed in that state