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- S.3106
S.3106: Nonprofit Mortgage Licensing Clarification Act of 2010
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about housing and community development
- Introduced March 11, 2010
- Latest Major Action March 11, 2010
Bill Sponsor
Bill Cosponsors
9 (5 Democrats, 4 Republicans)
Bill Summary
Nonprofit Mortgage Licensing Clarification Act of 2010 - Amends the S.A.F.E. Mortgage Licensing Act of 2008 to permit a state to exempt from certain registration or licensing requirements any charitable organization exempt from federal tax (including their employees and agents acting as loan originators), if the organization: (1) executes loan originations in order to promote or facilitate homeownership for certain low-income, disabled, or...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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March 11, 2010 |
Introduced in the Senate by Kay Hagan (D-N.C.) |