Mortgage And Real Estate News

Tuesday, May 24, 2016

House passes sweeping change to loan originator licensing rules

The House of Representatives just passed a bill that could create a huge impact on the mortgage industry, as mortgage loan officers may soon be able to transition from a traditional bank to a nonbank and keep originating new mortgage loans without having to wait for a new license.

Read more... http://www.housingwire.com/articles/37099?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+housingwire%2FuOVI+%28HousingWire%29

Reuters: Business News

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