Mortgage Lender and Broker Act; eliminates provision that lenders, etc., are required to conduct. (HB2030)
Introduced By
Del. Danny Marshall (R-Danville)
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Mortgage Lender and Broker Act; employee background checks and training. Repeals provisions enacted in 2008 that require licensed mortgage lenders and brokers (i) to conduct background checks on employees who may have access to or process personal identifying or financial information from a member of the public and (ii) to ensure that their employees are properly trained in applicable state and federal mortgage lending laws and regulations. View Full Text »
Outcome
Bill Has Passed
View Bill's History
