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Home » Store » News » Groups Clash over Broker Licensing Plan; States to Test Uniform Licensing Forms

Groups Clash over Broker Licensing Plan; States to Test Uniform Licensing Forms

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A House subcommittee hearing on proposed licensing and registration requirements rekindled old animosities between mortgage brokers and mortgage bankers, even as state regulators announced the near completion of uniform licensing applications that could potentially reduce the industry’s compliance burdens. The Mortgage Bankers Association traded shots with the National Association of Mortgage Brokers at the Sep. 29 hearing, as industry officials, consumer groups, state regulators and lawmakers delved into Title V of H.R. 1295, the…
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