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12 U.S.C. · Banks and Banking
12 U.S.C. § 5108

Backup authority to establish a nationwide mortgage licensing and registry system

Ch. 51 — SECURE AND FAIR ENFORCEMENT FOR MORTGAGE LICENSING
Title 12 U.S.C. ● ACTIVE Primary Source Ch. 51
Statutory Text

12 U.S.C. § 5108 — Backup authority to establish a nationwide mortgage licensing and registry system

U.S.C. Title 12 - BANKS AND BANKING 12 U.S.C. United States Code, 2023 Edition Title 12 - BANKS AND BANKING CHAPTER 51 - SECURE AND FAIR ENFORCEMENT FOR MORTGAGE LICENSING Sec. 5108 - Backup authority to establish a nationwide mortgage licensing and registry system From the U.S. Government Publishing Office, www.gpo.gov

§5108. Backup authority to establish a nationwide mortgage licensing and registry system

If at any time the Director determines that the Nationwide Mortgage Licensing System and Registry is failing to meet the requirements and purposes of this chapter for a comprehensive licensing, supervisory, and tracking system for loan originators, the Director shall establish and maintain such a system to carry out the purposes of this chapter and the effective registration and regulation of loan originators.

(Pub. L. 110–289, div. A, title V, §1509, July 30, 2008, 122 Stat. 2819; Pub. L. 111–203, title X, §1100(3), July 21, 2010, 124 Stat. 2106.)

Editorial Notes

Amendments 2010—Pub. L. 111–203 substituted "Director" for "Secretary" in two places.

Statutory Notes and Related Subsidiaries

Effective Date of 2010 Amendment Amendment by Pub. L. 111–203 effective on the designated transfer date, see section 1100H of Pub. L. 111–203, set out as a note under section 552a of Title 5, Government Organization and Employees.

Source: uscode.house.gov — public domain Official Source ↗
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◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-USC12-SEC-694FD9
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
12 U.S.C. § 5108
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
9e391c539840c68f...
Semantic Edges
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The statutory text of 12 U.S.C. § 5108 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 12 U.S.C. § 5107 12 U.S.C. § 5109 →
Ch. 51 — SECURE AND FAIR ENFORCEMENT FOR MORTGAGE LICENSING
12 U.S.C. § 510112 U.S.C. § 510212 U.S.C. § 510312 U.S.C. § 510412 U.S.C. § 510512 U.S.C. § 510612 U.S.C. § 510712 U.S.C. § 510812 U.S.C. § 510912 U.S.C. § 511012 U.S.C. § 511112 U.S.C. § 511212 U.S.C. § 511312 U.S.C. § 511412 U.S.C. § 511512 U.S.C. § 511612 U.S.C. § 5117
12 U.S.C. — public domain ← All Legislation
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boisestandard.org → United States → Law → U.S. Code → Title 12 → 12 U.S.C. § 5108