Volume 26 - Number 44
November 19, 2009
FDIC Approves Final Rule Requiring Registration of All Loan Originators Employed by U.S. Financial Institutions
The Federal Deposit Insurance Corp.’s board of directors last week approved a final rule requiring residential mortgage originators employed by federally regulated financial institutions and their subsidiaries to register with the state-run Nationwide Mortgage Licensing System and Registry and obtain a unique identifier. The FDIC final rule implements the Secure and Fair Enforcement for...
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