H.R. 6158 · 112th Congress

Protecting Independence in the Education of Loan Originators Act of 2012

Stage
In committee
Introduced
2012-07-19
Latest action
2012-10-01 · Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Summary

Protecting Independence in the Education of Loan Originators Act of 2012 - Amends the S.A.F.E. Mortgage Licensing Act of 2008 to prohibit the courses offered by lenders for their own employees from satisfying the pre-licensing education or continuing education requirement.