Residential Mortgage Board

PO Box 716
Jefferson City, MO 65102

Phone: (573)-751-3242
Fax: (573)-751-9192


Details on Board or Commission

Authority: RSMo 443.816

Department: Commerce and Insurance


Function: The Residential Mortgage Board approves or disapproves regulations proposed by the Commissioner of Finance with respect to mortgage brokering and hear and determine any appeal from a denial or revocation of a mortgage broker license or decision of the Commissioner pertaining to mortgage brokering.

SubCommittees: none

Details on Meetings

Number of meetings: as needed

Location of meetings: Jefferson City. Pursuant to Section 443.816, the Board may meet at any place in this state.

Duration of meetings: as needed

Preparation time for meetings:

Total time commitment: less than five hours

Details on Members

Total members: 5

Appointed members: 5

Term length: 3 years

Compensation: Members receive a per diem not to exceed $100 for each day devoted to the affairs of the board.

Member Requirements: One member must be an attorney and a member of the Missouri Bar in good standing. Three members must be experienced in mortgage brokering and one must have no financial interest in any mortgage brokering business.

Political Requirements: yes, not more than three members may be members of the same political party

Geographic Requirements: no

Senate Consent Required: No


Mr. Mark P. Gorman(R)
Mortgage Broker 1
St. Louis
Term begins: Jun 1, 2011
Term expires: Oct 10, 2011

Mr. George B. Lopez(D)
Mortgage Broker 2
Kansas City
Term begins: Apr 1, 2011
Term expires: Oct 10, 2013

Mr. Joseph F. Bayer Jr.(I)
Mortgage Broker 3
Term begins: Dec 6, 2021
Term expires: Oct 10, 2024

Mr. Mark Arnold(I)
Non-financial interest
St Charles
Term begins: Jun 1, 2020
Term expires: Oct 10, 2022

Vacant Slot
Non-Financial Interest-Bar Member