12 CFR 1008.205 - The Bureau's establishment of nationwide mortgage licensing system and registry.

Regulations last checked for updates: Nov 23, 2024

Title 12 - Banks and Banking last revised: Nov 20, 2024

View all text of Subpart C [§ 1008.201 - § 1008.205]

§ 1008.205 - The Bureau's establishment of nationwide mortgage licensing system and registry.

If the Bureau determines that the NMLSR established by CSBS and AARMR does not meet the minimum requirements of subpart D of this part, the Bureau will establish and maintain a nationwide mortgage licensing system and registry.

authority: 12 U.S.C. 5101-5116; Pub. L. 111-203, 124 Stat. 1376

source: 76 FR 78487, Dec. 19, 2011, unless otherwise noted.

cite as: 12 CFR 1008.205