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Home » Store » News » State Roundup

State Roundup

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Virginia. Gov. Timothy Kaine, D, on March 27 signed a series of bills to implement federal licensing and registration requirements under the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and to tighten restrictions on mortgage lenders and mortgage brokers. HB 2031 implements the SAFE Act and requires mortgage loan originators to obtain their license from the State Corporation Commission through the Nationwide Mortgage Licensing System and Registry. HB 2030 repeals…
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