; or (D) the date that is 120 days after the date on which the State-licensed loan originator submits the application, if the application is listed on the Nationwide Mortgage Licensing System and Registry as incomplete. (c) Applicability (1) Any person employing an individual who is deemed to have temporary authority to act as a loan originator in an application State pursuant to this section shall be subject to the requirements of this title and to applicable State law to the same extent as if such individual was a State-licensed loan originator licensed by the application State. (2) Any individual who is deemed to have temporary authority to act as a loan originator in an application State pursuant to this section and who engages in residential mortgage loan origination activities shall be subject to the requirements of this title and to applicable State law to the same extent as if such individual was a State-licensed loan originator licensed by the application State. (d) Definitions In this section, the following definitions shall apply: (1) State-licensed mortgage company The term State-licensed mortgage company means an entity licensed or registered under the law of any State to engage in residential mortgage loan origination and processing activities. (2) Application State The term application State means a State in which a registered loan originator or a State-licensed loan originator seeks to be licensed. . (b) Table of contents amendment The table of contents in section 1(b) of the Housing and Economic Recovery Act of 2008 ( 42 U.S.C. 4501 note) is amended by inserting after the item relating to section 1517 the following: Sec. 1518. Employment transition of loan originators. . (c) Amendment to civil liability of the Consumer Law Enforcement Agency and other officials Section 1513 of the S.A.F.E. Mortgage Licensing Act of 2008 ( 12 U.S.C. 5112 ) is amended by striking are loan originators or are applying for licensing or registration as loan originators and inserting are applying for licensing or