Title 12 — Banks and Banking
Chapter 51. Secure and Fair Enforcement for Mortgage Licensing
17 sections
- 5101Purposes and methods for establishing a mortgage licensing system and registry
- 5102Definitions
- 5103License or registration required
- 5104State license and registration application and issuance
- 5105Standards for State license renewal
- 5106System of registration administration by Federal agencies
- 5107Bureau of Consumer Financial Protection backup authority to establish loan originator licensing system
- 5108Backup authority to establish a nationwide mortgage licensing and registry system
- 5109Fees
- 5110Background checks of loan originators
- 5111Confidentiality of information
- 5112Liability provisions
- 5113Enforcement by the Bureau
- 5114State examination authority
- 5115Reports and recommendations to Congress
- 5116Study and reports on defaults and foreclosures
- 5117Employment transition of loan originators