Chapter 51 · SECURE AND FAIR ENFORCEMENT FOR MORTGAGE LICENSING
Contents (17)
- Section 5101Purposes and methods for establishing a mortgage licensing system and registry
- Section 5102Definitions
- Section 5103License or registration required
- Section 5104State license and registration application and issuance
- Section 5105Standards for State license renewal
- Section 5106System of registration administration by Federal agencies
- Section 5107Secretary of Housing and Urban Development backup authority to establish a loan originator licensing system
- Section 5108Backup authority to establish a nationwide mortgage licensing and registry system
- Section 5109Fees
- Section 5110Background checks of loan originators
- Section 5111Confidentiality of information
- Section 5112Liability provisions
- Section 5113Enforcement under HUD backup licensing system
- Section 5114State examination authority
- Section 5115Reports and recommendations to Congress
- Section 5116Study and reports on defaults and foreclosures
- Section 5117Employment transition of loan originators