Monday, May 23, 2016

House passes sweeping change to loan originator licensing rules

The House of Representatives just passed a bill that could create a huge impact on the #mortgage industry, as #mortgage loan officers may soon be able to transition from a traditional bank to a nonbank and keep originating new #mortgage loans without having to wait for a new license. Now, it’s on to the Senate for the SAFE Transitional Licensing Act of 2015. http://www.housingwire.com/articles/37099-house-passes-sweeping-change-to-loan-originator-licensing-rules ❤️ #share #mortgage



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