Effective July 1, 2008, mortgage lenders, mortgage brokers, loan originators, and other persons who engage in activities relating to mortgage lending in Alaska will be required to be licensed by the state. HB 162 sets up a fee schedule for the license and requires an applicant to pass an exam. The bill requires licensees to be bonded and a possible brick’n’mortar requirement.. Prior to the enactment of the Bill, the State of Alaska did not have a licensing or registration statute that regulated mortgage lending activities. Alaska is the last state not to license and regulate residential mortgage lending.