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S.2595

S.A.F.E. Mortgage Licensing Act of 2008 (Introduced in Senate)
Beginning
 February 6, 2008
    SECTION 1. SHORT TITLE; TABLE OF CONTENTS.
    Sec. 1. Short title; table of contents.
    Sec. 17. Study and reports on defaults and foreclosures
    SEC. 2. PURPOSES AND METHODS FOR ESTABLISHING A MORTGAGE LICENSING SYSTEM AND REGISTRY.
    SEC. 3. DEFINITIONS.
    SEC. 4. LICENSE OR REGISTRATION REQUIRED.
    SEC. 5. STATE LICENSE AND REGISTRATION APPLICATION AND ISSUANCE.
    SEC. 6. STANDARDS FOR STATE LICENSE RENEWAL.
    SEC. 7. SYSTEM OF REGISTRATION ADMINISTRATION BY FEDERAL BANKING AGENCIES.
    SEC. 8. SECRETARY OF HOUSING AND URBAN DEVELOPMENT BACKUP AUTHORITY TO ESTABLISH A LOAN ORIGINATOR LICENSING SYSTEM.
    SEC. 9. BACKUP AUTHORITY TO ESTABLISH A NATIONWIDE MORTGAGE LICENSING AND REGISTRY SYSTEM.
    SEC. 10. FEES.
    SEC. 11. BACKGROUND CHECKS OF LOAN ORIGINATORS.
    SEC. 12. CONFIDENTIALITY OF INFORMATION.
    SEC. 13. LIABILITY PROVISIONS.
    SEC. 14. ENFORCEMENT UNDER HUD BACKUP LICENSING SYSTEM.
    SEC. 15. PREEMPTION OF STATE LAW.
    SEC. 16. REPORTS AND RECOMMENDATIONS TO CONGRESS.
    SEC. 17. STUDY AND REPORTS ON DEFAULTS AND FORECLOSURES.
 
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