Is SAFE Act dangerous to certain professions?

Woodburn, Jeff
December 2010
New Hampshire Business Review;12/17/2010, Vol. 32 Issue 26, p1
The article reports on the claim of the New Hampshire's Banking Department that the Secure and Fair Enforcement Mortgage Licensing Act (SAFE) is dangerous to certain professions. It states that the Banking Department believes that individuals, who are involved in the mortgage lending process, will be required by the SAFE Act to become licensed mortgage brokers. It claims that the legislation mandates mortgage originators and pressures states to pass companion legislation.


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