Regulators Issue Final Rules on Registration of Loan Originators

摘要

The federal financial regulators have issued final rules implementing requirements for the registration of mortgage loan originators who are employees of regulated institutions, as required by the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (S.A.F.E. Act).rnThe regulations were published in the July 28 Federal Register and go into effect on October 1. Mortgage loan originators must register by the end of the 180-day period for initial registrations to be announced by the agencies.