Section 599-Q. Confidentiality

In  order  to  promote  more  effective
  regulation and reduce regulatory burden through supervisory  information
  sharing,  information  provided to the superintendent by an MLO shall be
  subject to the following:
    1. Except as otherwise provided in public law 110-289,  section  1512,
  the  requirements  under any federal law, the freedom of information law
  ("FOIL")  or  other  law  of  this  state  regarding  the   privacy   or
  confidentiality  of  any  information or material provided to the NMLSR,
  and any privilege arising under federal  or  state  law  (including  the
  rules of any federal or state court) with respect to such information or
  material,  shall continue to apply to such information or material after
  the information or material  has  been  disclosed  to  the  NMLSR.  Such
  information  and  material  may  be  shared  with  all state and federal
  regulatory officials with mortgage industry oversight authority  without
  the  loss  of  privilege  of  the  loss  of  confidentiality protections
  provided by federal law, FOIL or this chapter.
    2. For these purposes, the superintendent is authorized to enter  into
  agreements or sharing arrangements with other governmental agencies, the
  Conference  of  State  Bank  Supervisors,  the  American  Association of
  Residential  Mortgage  Regulators  or  other  associations  representing
  governmental agencies as established by rule, regulation or order of the
  superintendent.