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JANUARY 13, 2014 2013 Loan Originator Rule SMALL ENTITY COMPLIANCE GUIDE 1 Version Log The Bureau updates this guide on a periodic basis to reflect finalized clarifications to the rule which impacts
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What is loan originator rule?
The loan originator rule sets standards for the qualification, identification, and registration of individuals who originate mortgage loans.
Who is required to file loan originator rule?
Mortgage loan originators are required to file loan originator rule.
How to fill out loan originator rule?
Loan originator rule can be filled out electronically through the designated system provided by the regulatory authorities.
What is the purpose of loan originator rule?
The purpose of loan originator rule is to ensure that mortgage loan originators meet the required qualifications, are properly identified, and are registered with the appropriate authorities.
What information must be reported on loan originator rule?
Loan originator rule typically requires information such as personal identification, employment history, education, and any past disciplinary actions.
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