5101.

Purposes and methods for establishing a mortgage licensing system and registry.

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.

Secretary of Housing and Urban Development backup authority to establish a loan originator licensing system.

5108.

Backup authority to establish a nationwide mortgage licensing and registry system.

5110.

Background checks of loan originators.

5111.

Confidentiality of information.

5112.

Liability provisions.

5113.

Enforcement under HUD backup licensing system.

5114.

State examination authority.

5115.

Reports and recommendations to Congress.

5116.

Study and reports on defaults and foreclosures.