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Economic Growth Regulatory Relief and Consumer Protection Act Mortgage Loan Originators Consumer Financial Products

Ballard Spahr LLP

NMLS to Release System Enhancements for MLO Temporary Authority

Ballard Spahr LLP on

The Nationwide Multistate Licensing System & Registry (NMLS) is scheduled to release a system enhancement on November 24, 2019, which will allow qualified mortgage loan originators (MLOs) who are changing employment from a...more

Ballard Spahr LLP

CFPB Publishes FAQs on Temporary Authority

Ballard Spahr LLP on

The CFPB recently published SAFE Act FAQs addressing temporary authority. The CFPB identifies the following categories of loan originators under the SAFE Act, as amended by the Economic Growth, Regulatory Relief, and...more

White & Case LLP

Consumer financial services: The road ahead: Mortgage origination and servicing

White & Case LLP on

In 2018, the CFPB issued multiple rules, and Congress passed legislation, to clarify, revise and update the regulatory framework applicable to the home mortgage origination and servicing market....more

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