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Code · BILL · 115th Congress · H.R. 2948 (Reported in House) — To amend the S.A.F.E. Mortgage Licensing Act of 2008 to provide a temporary license for loan originators transitionin... · Sec. 2

Sec. 2. Amendment to civil liability of the Bureau and other officials

90 words·~1 min read·/bill/115/hr/2948/rh/section-2

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Section 1513 of the S.A.F.E. Mortgage Licensing Act of 2008 ( 12 U.S.C. 5112 ) is amended by striking are loan originators or are applying for licensing or registration as loan originators. and inserting have applied, are applying, or are currently licensed or registered through the Nationwide Mortgage Licensing System and Registry. The previous sentence shall only apply to persons in an industry with respect to which persons were licensed or registered through the Nationwide Mortgage Licensing System and Registry on the date of the enactment of this sentence. .
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Sec. 2
Amendment to civil liability of the Bureau and other officials
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