HUD Sets Guidance on Implementation of SAFE Act, Certifies CSBA/AARMR Model Bill for State Adoption
January 8, 2009
The Department of Housing and Urban Development has issued new guidance on how it will evaluate state compliance with the SAFE Mortgage Licensing Act in the wake of its review of model legislation developed by state banking and mortgage regulators. The agency has reviewed the state model bill developed by the Conference of State Bank Supervisors and the American Association...