Industry Groups Call for Servicers to Be Excluded From Pending SAFE Act Registration Requirements
July 16, 2009
Mortgage finance groups are calling for changes to be made to a proposed rule that aims to bolster consumer protections by requiring mortgage loan originators to register with a multi-state database established to monitor unscrupulous mortgage brokers and loan originators. Federal thrift, banking and credit union regulators issued their proposed rule in the June 9...