12 USC Ch. 51: Front Matter
From Title 12-BANKS AND BANKINGCHAPTER 51-SECURE AND FAIR ENFORCEMENT FOR MORTGAGE LICENSING
CHAPTER 51-SECURE AND FAIR ENFORCEMENT FOR MORTGAGE LICENSING
Sec.
5101.
Purposes and methods for establishing a mortgage licensing system and registry.
5102.
Definitions.
5103.
License or registration required.
5104.
State license and registration application and issuance.
5105.
Standards for State license renewal.
5106.
System of registration administration by Federal agencies.
5107.
Bureau of Consumer Financial Protection backup authority to establish loan originator licensing system.
5108.
Backup authority to establish a nationwide mortgage licensing and registry system.
5109.
Fees.
5110.
Background checks of loan originators.
5111.
Confidentiality of information.
5112.
Liability provisions.
5113.
Enforcement by the Bureau.
5114.
State examination authority.
5115.
Reports and recommendations to Congress.
5116.
Study and reports on defaults and foreclosures.
5117.
Employment transition of loan originators.