House Passes Bill to Increase Job Mobility for Mortgage Officers
National Mortgage News, May 23, 2016–Collins, Brian
The House passed a bill by a voice vote Monday that will make it easier for mortgage originators to take a new job across state lines or move from a federally regulated bank to a nonbank lending shop. “This is an important piece of bipartisan legislation which will help all lenders recruit experienced mortgage loan officers without unnecessary barriers to employment mobility and job opportunity,” said David Stevens, the president and chief executive officer of the Mortgage Bankers Association.
