To impose a new mortgage loan officer licensure regulatory regime that complies with the federal “Secure and Fair Enforcement for Mortgage Licensing” Act of 2008 (“SAFE Act”) mandate. This creates a nationwide mortgage licensing registry; specifies for loan officer testing and training qualifications, and their continuing education courses; mandates criminal background checks and fingerprinting; and more.
105 Yeas / 1 Nay | |
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Excused or Not Voting (4) | |
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