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| TREAS/OCC | RIN: 1557-AD23 | Publication ID: Fall 2010 |
| Title: S.A.F.E. Mortgage Licensing Act | |
| Abstract: These regulations implement the Federal registration requirement imposed by the S.A.F.E. Mortgage Licensing Act, title V of the Housing and Economic Recovery Act of 2008 (Pub. L. 110-289, 122 Stat. 2654 (2008)) with respect to national banks and their operating subsidiaries. They are being issued by the OCC, FRB, FDIC, OTS, NCUA, and Farm Credit Administration. | |
| Agency: Department of the Treasury(TREAS) | Priority: Economically Significant |
| RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Completed Actions |
| Major: Yes | Unfunded Mandates: No |
| CFR Citation: 12 CFR 34 | |
| Legal Authority: 12 USC 1 et seq 12 USC 29 12 USC 93a 12 USC 371 12 USC 1701j-3 12 USC 1828(o) 12 USC 3331 et seq | |
Legal Deadline:
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Overall Description of Deadline: Implement system for registering employees as mortgage loan originators with the Nationwide Mortgage Licensing System and Registry. |
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Timetable:
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| Regulatory Flexibility Analysis Required: Yes | Government Levels Affected: Federal |
| Small Entities Affected: Businesses | Federalism: No |
| Included in the Regulatory Plan: No | |
| RIN Data Printed in the FR: Yes | |
| Related RINs: Related to 1550-AC33 | |
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Agency Contact: Heidi M. Thomas Senior Counsel Department of the Treasury Comptroller of the Currency Chief Counsel's Office, 400 7th Street SW, Washington, DC 20219 Phone:202 649-5490 Email: heidi.thomas@occ.treas.gov |
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