The Financial institutions; S.A.F.E. Mortgage Licensing Act of 2008 bill has just passed the Georgia State House that is aimed at protecting your house by reducing mortgage fraud.
The plan requires that all mortgage lenders undergo a criminal background check. It also calls for more training for loan officers, and allows state lawmakers to investigate them. [...]
Georgia Takes the Lead In Protecting Mortgage Consumers
March 4th, 2009 · No Comments
Tags: Mortgage Legislation · Mortgage Scams
Mortgage Reform and Anti-Predatory Lending Act of 2007: Who is it really helping?
November 13th, 2007 · No Comments
The House Financial Services Committee has passed the Mortgage Reform and Anti-Predatory Lending Act of 2007, which will now move towards the full House of Representatives vote possibly as early as next week.
The bill has made great strides in forcing lenders to only issue home loans and mortgages which borrowers can afford by
Establishing a Licensing [...]
Tags: Mortgage Legislation