- Target:
- Mortgage Loan Originators
- Region:
- United States of America
Per the Secure and Fair Enforcement for Mortgage Lending Act, the SAFE Act, Individual Mortgage Loan Originators (MLO) are required to authorize the running of a credit report as part of the licensing process. No other industry reviews review of a licensee's personal credit report.
It is causing MLO's that have years in the profession to be told they can no longer work in their chosen profession. Please get involved and sign the petition and/or contact the parties listed. We need a LOUD VOICE to get this repealed!
We the undersigned, call on the government to repeal the secton of the Secure and Fair Enforcement for Mortgage Lending Act of 2008 (SAFE Act) that requires the Mortgage Loan Originators personal credit report to be reviewed as part of the initial licensing or renewal licensing process. Our personal credit should not stop us for participating in our chosen profession.
To take additional action, please get involved and contact your state's representatives!
To Contact your Congressman:
https://writerep.house.gov/writerep/welcome.shtml
To Contact your Senator:
http://www.senate.gov/general/contact_information/senators_cfm.cfm
You can further help this campaign by sponsoring it
The Repeal Mortgage Originators Credit Reports petition to Mortgage Loan Originators was written by Mortgage Loan Originators of Wisconsin and is in the category Law Reform at GoPetition.