SECURE AND FAIR ENFORCEMENT FOR (S.A.F.E.) MORTGAGE LICENSING ACT

Bills and resolutions

Credit: provide exception from definition of loan originator for certain loans made relative to manufactured homes and amend Truth in Lending Act to modify definition of high-cost mortgage (see S. 3484), S5977 [2AU] (see H.R. 3849), H218 [31JA]

Financial institutions: specify that courses offered by lenders for their own employees may not satisfy pre-licensing or continuing education requirements of mortgage loan originators (see H.R. 6158), H5077 [19JY]