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To amend the S.A.F.E. Mortgage Licensing Act of 2008 to provide a temporary license for loan originators transitioning between employers, and for other purposes.

USA115th CongressHR-2948| House 
| Updated: 2/13/2018
Steve Stivers

Steve Stivers

Republican Representative

Ohio

Cosponsors (46)
Mo Brooks (Republican)Frank D. Lucas (Republican)Randy Hultgren (Republican)Joyce Beatty (Democratic)Lisa Blunt Rochester (Democratic)Emanuel Cleaver (Democratic)Carolyn B. Maloney (Democratic)Bill Foster (Democratic)Pete Aguilar (Democratic)David Scott (Democratic)Claudia Tenney (Republican)Terri A. Sewell (Democratic)Scott H. Peters (Democratic)Bruce Poliquin (Republican)Daniel T. Kildee (Democratic)Frank A. LoBiondo (Republican)Michelle Lujan Grisham (Democratic)James B. Renacci (Republican)Luke Messer (Republican)Sean Patrick Maloney (Democratic)Andy Barr (Republican)John B. Larson (Democratic)Kyrsten Sinema (Independent)Roger Williams (Republican)Gregory W. Meeks (Democratic)James A. Himes (Democratic)Brad Sherman (Democratic)Ruben J. Kihuen (Democratic)Ron Kind (Democratic)Julia Brownley (Democratic)Dennis A. Ross (Republican)Jared Polis (Democratic)Tom Emmer (Republican)Brian K. Fitzpatrick (Republican)Bill Huizenga (Republican)Charlie Crist (Democratic)Bill Posey (Republican)Josh Gottheimer (Democratic)Ed Perlmutter (Democratic)Kevin Yoder (Republican)Mike Coffman (Republican)Gwen Moore (Democratic)John K. Delaney (Democratic)Ted Budd (Republican)Barbara Comstock (Republican)Grace F. Napolitano (Democratic)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) (Sec. 1) This bill amends the S.A.F.E. Mortgage Licensing Act of 2008 to temporarily allow loan originators that meet specified requirements to continue to originate loans after moving: (1) from one state to another, or (2) from a depository institution to a non-depository institution. (Sec. 2) The bill revises the Act's civil liability immunity provisions.

Bill Text Versions

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2 versions available

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Timeline
Jun 20, 2017
Introduced in House
Jun 20, 2017
Referred to the House Committee on Financial Services.
Aug 3, 2017

Latest Companion Bill Action

S 115-1753
Introduced in Senate
Dec 12, 2017
Committee Consideration and Mark-up Session Held.
Dec 13, 2017
Committee Consideration and Mark-up Session Held.
Dec 13, 2017
Ordered to be Reported by the Yeas and Nays: 60 - 0.
Feb 13, 2018
Placed on the Union Calendar, Calendar No. 414.
Feb 13, 2018
Reported by the Committee on Financial Services. H. Rept. 115-552.
  • June 20, 2017
    Introduced in House


  • June 20, 2017
    Referred to the House Committee on Financial Services.


  • August 3, 2017

    Latest Companion Bill Action

    S 115-1753
    Introduced in Senate


  • December 12, 2017
    Committee Consideration and Mark-up Session Held.


  • December 13, 2017
    Committee Consideration and Mark-up Session Held.


  • December 13, 2017
    Ordered to be Reported by the Yeas and Nays: 60 - 0.


  • February 13, 2018
    Placed on the Union Calendar, Calendar No. 414.


  • February 13, 2018
    Reported by the Committee on Financial Services. H. Rept. 115-552.

Housing and Community Development

Related Bills

  • HR 115-3978: TRID Improvement Act of 2017
  • HR 115-3280: Financial Services and General Government Appropriations Act, 2018
  • S 115-1753: A bill to amend the S.A.F.E. Mortgage Licensing Act of 2008 to provide a temporary license for loan originators transitioning between employers, and for other purposes.
  • S 115-2155: Economic Growth, Regulatory Relief, and Consumer Protection Act
  • HR 115-10: Financial CHOICE Act of 2017
  • HR 115-3354: Make America Secure and Prosperous Appropriations Act, 2018
Civil actions and liabilityConsumer Financial Protection BureauGovernment liabilityHousing finance and home ownershipLicensing and registrationsState and local government operations

To amend the S.A.F.E. Mortgage Licensing Act of 2008 to provide a temporary license for loan originators transitioning between employers, and for other purposes.

USA115th CongressHR-2948| House 
| Updated: 2/13/2018
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) (Sec. 1) This bill amends the S.A.F.E. Mortgage Licensing Act of 2008 to temporarily allow loan originators that meet specified requirements to continue to originate loans after moving: (1) from one state to another, or (2) from a depository institution to a non-depository institution. (Sec. 2) The bill revises the Act's civil liability immunity provisions.

Bill Text Versions

View Text
2 versions available

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jun 20, 2017
Introduced in House
Jun 20, 2017
Referred to the House Committee on Financial Services.
Aug 3, 2017

Latest Companion Bill Action

S 115-1753
Introduced in Senate
Dec 12, 2017
Committee Consideration and Mark-up Session Held.
Dec 13, 2017
Committee Consideration and Mark-up Session Held.
Dec 13, 2017
Ordered to be Reported by the Yeas and Nays: 60 - 0.
Feb 13, 2018
Placed on the Union Calendar, Calendar No. 414.
Feb 13, 2018
Reported by the Committee on Financial Services. H. Rept. 115-552.
  • June 20, 2017
    Introduced in House


  • June 20, 2017
    Referred to the House Committee on Financial Services.


  • August 3, 2017

    Latest Companion Bill Action

    S 115-1753
    Introduced in Senate


  • December 12, 2017
    Committee Consideration and Mark-up Session Held.


  • December 13, 2017
    Committee Consideration and Mark-up Session Held.


  • December 13, 2017
    Ordered to be Reported by the Yeas and Nays: 60 - 0.


  • February 13, 2018
    Placed on the Union Calendar, Calendar No. 414.


  • February 13, 2018
    Reported by the Committee on Financial Services. H. Rept. 115-552.
Steve Stivers

Steve Stivers

Republican Representative

Ohio

Cosponsors (46)
Mo Brooks (Republican)Frank D. Lucas (Republican)Randy Hultgren (Republican)Joyce Beatty (Democratic)Lisa Blunt Rochester (Democratic)Emanuel Cleaver (Democratic)Carolyn B. Maloney (Democratic)Bill Foster (Democratic)Pete Aguilar (Democratic)David Scott (Democratic)Claudia Tenney (Republican)Terri A. Sewell (Democratic)Scott H. Peters (Democratic)Bruce Poliquin (Republican)Daniel T. Kildee (Democratic)Frank A. LoBiondo (Republican)Michelle Lujan Grisham (Democratic)James B. Renacci (Republican)Luke Messer (Republican)Sean Patrick Maloney (Democratic)Andy Barr (Republican)John B. Larson (Democratic)Kyrsten Sinema (Independent)Roger Williams (Republican)Gregory W. Meeks (Democratic)James A. Himes (Democratic)Brad Sherman (Democratic)Ruben J. Kihuen (Democratic)Ron Kind (Democratic)Julia Brownley (Democratic)Dennis A. Ross (Republican)Jared Polis (Democratic)Tom Emmer (Republican)Brian K. Fitzpatrick (Republican)Bill Huizenga (Republican)Charlie Crist (Democratic)Bill Posey (Republican)Josh Gottheimer (Democratic)Ed Perlmutter (Democratic)Kevin Yoder (Republican)Mike Coffman (Republican)Gwen Moore (Democratic)John K. Delaney (Democratic)Ted Budd (Republican)Barbara Comstock (Republican)Grace F. Napolitano (Democratic)

Financial Services Committee

Housing and Community Development

Related Bills

  • HR 115-3978: TRID Improvement Act of 2017
  • HR 115-3280: Financial Services and General Government Appropriations Act, 2018
  • S 115-1753: A bill to amend the S.A.F.E. Mortgage Licensing Act of 2008 to provide a temporary license for loan originators transitioning between employers, and for other purposes.
  • S 115-2155: Economic Growth, Regulatory Relief, and Consumer Protection Act
  • HR 115-10: Financial CHOICE Act of 2017
  • HR 115-3354: Make America Secure and Prosperous Appropriations Act, 2018
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Civil actions and liabilityConsumer Financial Protection BureauGovernment liabilityHousing finance and home ownershipLicensing and registrationsState and local government operations