Bill > HR2121

Introduced Session

SAFE Transitional Licensing Act of 2015 This bill amends the S.A.F.E. Mortgage Licensing Act of 2008 to provide a temporary license of 120 days for registered loan originators: (1) moving from a financial institution to a state-licensed non-bank originator, or (2) moving interstate to a state-licensed loan originator in another state. Any person registering a registered loan originator with the Nationwide Mortgage Licensing System and Registry shall be subject to this Act and to applicable state law to the same extent as if that registered loan originator was licensed and registered as a state-licensed loan originator.

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Steve Stivers (R)*,  Brad Ashford (D),  Andy Barr (R),  Joyce Beatty (D),  Marsha Blackburn (R),  John Carney (D),  Emanuel Cleaver (D),  Mike Coffman (R),  Barbara Comstock (R),  John Delaney (D),  Stephen Fincher (R),  J. Randy Forbes (R),  Bill Foster (D),  Morgan Griffith (R),  Jim Himes (D),  Bill Huizenga (R),  Dan Kildee (D),  John Larson (D),  Mia Love (R),  Blaine Luetkemeyer (R),  Michelle Lujan Grisham (D),  Carolyn Maloney (D),  Sean Maloney (D),  Gregory Meeks (D),  Luke Messer (R),  Candice Miller (R),  John Moolenaar (R),  Gwen Moore (D),  Mick Mulvaney (R),  Tim Murphy (R),  Randy Neugebauer (R),  Ed Perlmutter (D),  Robert Pittenger (R),  Bruce Poliquin (R),  Jared Polis (D),  Bill Posey (R),  Mike Quigley (D),  James Renacci (R),  E. Scott Rigell (R),  Dennis Ross (R),  Dutch Ruppersberger (D),  David Scott (D),  Terri Sewell (D),  Brad Sherman (D),  Kyrsten Sinema (I),  Albio Sires (D),  Scott Tipton (R),  Mike Turner (R),  Fred Upton (R),  Lynn Westmoreland (R),  Roger Williams (R),  Kevin Yoder (R), 

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 05/24/2016)

Official Document