HR 2948 · 115th Congress · Housing and Community Development

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.

Introduced 2017-06-20· Sponsored by Rep. Stivers, Steve [R-OH-15]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Placed on the Union Calendar, Calendar No. 414.(2018-02-13)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 2948, a bill 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

Feb 12, 2018

As ordered reported by the House Committee on Financial Services on December 13, 2017

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (20)

13 Democrats7 Republicans
Rep. Beatty, Joyce [D-OH-3]OH
Rep. Sinema, Kyrsten [D-AZ-9]AZ
Rep. Poliquin, Bruce [R-ME-2]ME
Rep. Comstock, Barbara [R-VA-10]VA
Rep. Emmer, Tom [R-MN-6]MN
Rep. Delaney, John K. [D-MD-6]MD
Rep. Sewell, Terri A. [D-AL-7]AL
Rep. Williams, Roger [R-TX-25]TX
Rep. Brownley, Julia [D-CA-26]CA
Rep. Maloney, Carolyn B. [D-NY-12]NY
Rep. Messer, Luke [R-IN-6]IN
Rep. Sherman, Brad [D-CA-30]CA
Rep. Barr, Andy [R-KY-6]KY
Rep. Scott, David [D-GA-13]GA
Rep. Napolitano, Grace F. [D-CA-32]CA
Rep. Meeks, Gregory W. [D-NY-5]NY
Rep. Moore, Gwen [D-WI-4]WI
Rep. Lujan Grisham, Michelle [D-NM-1]NM
Rep. Coffman, Mike [R-CO-6]CO
Rep. Gottheimer, Josh [D-NJ-5]NJ