The state of Washington has recently amended its mortgage broker licensing statute. Under the new amendment, anyone who performs or holds themselves out as being able to provide residential mortgage loan modification services...more
5/8/2013
- Brokers Licensing Rules Loan Modifications Mortgages
Oklahoma recently amended its Secure and Fair Enforcement for Mortgage Licensing Act to add a Mortgage Lender License. A mortgage lender is defined as any entity that takes an application for a residential mortgage loan,...more
5/8/2013
- HUD Lenders Licensing Rules Mortgages
Three more state agencies have announced that they will be adopting the new national MLO test with the Uniform State Content. The Wyoming Division of Banking, Indiana Secretary of State, and Montana Division of Banking and...more
5/7/2013
- Adoption Uniform State Test
Arkansas recently revised certain exemptions from the Fair Mortgage Lending Act. Previously, a subsidiary of a state or federally chartered bank, savings bank, savings and loan association, or credit union was exempt from the...more
5/6/2013
- Exemptions FMLA Licenses
In This Issue:
- CFPB Releases First "Supervisory Highlights" Report
- CFPB Issues Bulletin on Appeals Procedure
- Bank Regulators "Postpone" Effective Date of Basel III Capital Regime...more
11/15/2012
