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Bill115th CongressFiled Jun 20, 2017Housing and Community Development
H.R. 2948

To amend the S.A.F.E. Mortgage Licensing Act of 2008 to provide a temporary license for loan originators transitioning between employers, and for other purposes.

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary reported to house without amendment (Feb 13, 2018)

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

(Sec. 1) This bill amends the S.A.F.E. Mortgage Licensing Act of 2008 to temporarily allow loan originators that meet specified requirements to continue to originate loans after moving: (1) from one state to another, or (2) from a depository institution to a non-depository institution.

(Sec. 2) The bill revises the Act's civil liability immunity provisions.

What just happenedFeb 13, 2018

Placed on the Union Calendar, Calendar No. 414.

Who’s behind it

Rep. Stivers, Steve [R-OH-15](R-OH)Sponsor
46 cosponsors27 D19 R
Read on Congress.gov
46cosponsors1committees9actions6related bills6subjects
  1. Feb 13, 2018CalendarsH12410

    Placed on the Union Calendar, Calendar No. 414.

  2. Feb 13, 2018CommitteeH12200

    Reported by the Committee on Financial Services. H. Rept. 115-552.

    Financial Services Committee
  3. Feb 13, 2018Committee5000

    Reported by the Committee on Financial Services. H. Rept. 115-552.

    Financial Services Committee
  4. Dec 13, 2017Committee

    Ordered to be Reported by the Yeas and Nays: 60 - 0.

    Financial Services Committee
  5. Dec 13, 2017Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  6. Dec 12, 2017Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  7. Jun 20, 2017IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  8. Jun 20, 2017IntroReferralIntro-H

    Introduced in House

  9. Jun 20, 2017IntroReferral1000

    Introduced in House

Reported to House without amendmentFeb 13, 201879

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

(Sec. 1) This bill amends the S.A.F.E. Mortgage Licensing Act of 2008 to temporarily allow loan originators that meet specified requirements to continue to originate loans after moving: (1) from one state to another, or (2) from a depository institution to a non-depository institution.

(Sec. 2) The bill revises the Act's civil liability immunity provisions.

Introduced in HouseJun 20, 2017

This bill amends the S.A.F.E. Mortgage Licensing Act of 2008 to temporarily allow loan originators that meet specified requirements to continue to originate loans after moving: (1) from one state to another, or (2) from a depository institution to a non-depository institution.

To amend the S.A.F.E. Mortgage Licensing Act of 2008 to provide a temporary license for lo… — Informed