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.
SAFE Transitional License Act 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.
Civil actions and liabilityConsumer Financial Protection BureauGovernment liabilityHousing finance and home ownershipLicensing and registrationsState and local government operations
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.
USA115th CongressS-1753| Senate
| Updated: 8/3/2017
SAFE Transitional License Act 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.
Civil actions and liabilityConsumer Financial Protection BureauGovernment liabilityHousing finance and home ownershipLicensing and registrationsState and local government operations