SAFE Transitional Licensing Act of 2015
This bill amends the S.A.F.E. Mortgage Licensing Act of 2008 to provide a temporary license of 120 days for registered loan originators: (1) moving from a financial institution to a state-licensed non-bank originator, or (2) moving interstate to a state-licensed loan originator in another state.
Any person registering a registered loan originator with the Nationwide Mortgage Licensing System and Registry shall be subject to this Act and to applicable state law to the same extent as if that registered loan originator was licensed and registered as a state-licensed loan originator.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2016-05-24 | IntroReferral | Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | Senate |
| 2016-05-23 | Floor | Motion to reconsider laid on the table Agreed to without objection. | House floor actions |
| 2016-05-23 | Floor | On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2905-2906) | House floor actions |
| 2016-05-23 | Floor | DEBATE - The House proceeded with forty minutes of debate on H.R. 2121. | House floor actions |
| 2016-05-23 | Floor | Considered under suspension of the rules. (consideration: CR H2905-2907) | House floor actions |
| 2016-05-23 | Floor | Mr. Luetkemeyer moved to suspend the rules and pass the bill, as amended. | House floor actions |
| 2016-05-23 | Calendars | Placed on the Union Calendar, Calendar No. 454. | House floor actions |
| 2016-05-23 | Committee | Reported (Amended) by the Committee on Financial Services. H. Rept. 114-584. | House floor actions |
| 2016-03-02 | Committee | Ordered to be Reported (Amended) by the Yeas and Nays: 56 - 0. | House committee actions |
| 2016-03-02 | Committee | Committee Consideration and Mark-up Session Held. | House committee actions |
| 2015-10-21 | Committee | Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral. | House committee actions |
| 2015-04-29 | IntroReferral | Referred to the House Committee on Financial Services. | House floor actions |
| 2015-04-29 | IntroReferral | Introduced in House | Library of Congress |