SB 2508

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
SB 2508 expands exemptions for certain property owners from regulatory requirements for residential mortgage loan originators. It allows owners who provide a first-lien mortgage loan to a property purchaser to be exempt from state mortgage licensing laws, provided that a licensed mortgage loan originator handles all origination activities.
Author (1)
Adam Hinojosa
Related Legislation
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