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House, Senate propose SAFE Act modifications
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Legislation
Tuesday, August 15, 2017
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The Mortgage Bankers Association announced its support for bipartisan bills introduced in the House and the Senate intended to allow mortgage loan originators to continue working while transitioning between companies.
Both legislative pieces would be especially beneficial to mortgage loan originators making the jump from a bank to a non-bank entity, which has additional requirements under the current SAFE Act provisions.
Read on to learn more details about the bills and the next step in the legislative process.
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