Bureau of Consumer Financial Protection —
12 CFR Chapter X
Part 1008 — S.A.F.E. Mortgage Licensing Act—State Compliance and Bureau Registration System (Regulation H)
Subpart B
—Determination of State Compliance With the S.A.F.E. Act
§ 1008.101 Scope of this subpart.
This subpart describes the minimum standards of the S.A.F.E. Act that apply to a state's licensing and registering of loan originators. This Subpart also provides the procedures that the Bureau follows to determine that a state does not have in place a system for licensing and registering mortgage loan originators that complies with the minimum standards. Upon making such a determination, the Bureau will impose the requirements and exercise the enforcement authorities described in subparts C and E of this part.
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