Nội dung tiểu bang thống nhất (SAFE)Câu 389 / 400
Which federal agency was given rulemaking authority over the SAFE Act after passage of the Dodd-Frank Act?
a.The Consumer Financial Protection Bureau (CFPB)
b.The Internal Revenue Service (IRS)
c.The Federal Trade Commission (FTC)
d.The Securities and Exchange Commission (SEC)
Giải thích
Rulemaking authority for the SAFE Act transferred to the Consumer Financial Protection Bureau (CFPB) under the Dodd-Frank Act. The CFPB's Regulation H and Regulation G implement the SAFE Act's licensing and registration requirements for state-licensed and federally registered MLOs, respectively.
Trích dẫn luật: SAFE ActLuyện miễn phí toàn bộ 400 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- An individual originates a mortgage loan secured by their own residence for their own personal use and receives no compensation. Under a common SAFE Act exemption, this person is:
- Which of the following best describes the 'general fitness and character' standard the SAFE Act requires of MLO applicants?
- A state-licensed MLO completes their 8 hours of continuing education on December 30 but does not submit the renewal request until January 15 of the next year. What is the most likely consequence?
- A licensed MLO in State A wishes to originate loans for borrowers purchasing homes in State B. Under the SAFE Act, the MLO must:
- Under the SAFE Act, an MLO must report certain changes to NMLS, such as a new criminal charge or a change of address, in order to:
- Which of the following would most likely be considered prohibited conduct subject to disciplinary action under the SAFE Act?
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