2014 US Code
Title 12 - Banks and Banking (Sections 1 - 5710)
Chapter 51 - Secure and Fair Enforcement for Mortgage Licensing (Sections 5101 - 5116)
Sec. 5110 - Background checks of loan originators
| Publication Title | United States Code, 2012 Edition, Supplement 2, Title 12 - BANKS AND BANKING |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 12 - BANKS AND BANKING CHAPTER 51 - SECURE AND FAIR ENFORCEMENT FOR MORTGAGE LICENSING Sec. 5110 - Background checks of loan originators |
| Contains | section 5110 |
| Date | 2014 |
| Laws In Effect As Of Date | January 5, 2015 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Pub. L. 110-289, div. A, title V, §1511, July 30, 2008, 122 Stat. 2819. |
| Statutes at Large Reference | 122 Stat. 2819 |
| Public and Private Law | Public Law 110-289 |
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Notwithstanding any other provision of law, in providing identification and processing functions, the Attorney General shall provide access to all criminal history information to the appropriate State officials responsible for regulating State-licensed loan originators to the extent criminal history background checks are required under the laws of the State for the licensing of such loan originators.
(b) AgentFor the purposes of this section and in order to reduce the points of contact which the Federal Bureau of Investigation may have to maintain for purposes of subsection (a), the Conference of State Bank Supervisors or a wholly owned subsidiary may be used as a channeling agent of the States for requesting and distributing information between the Department of Justice and the appropriate State agencies.
(Pub. L. 110–289, div. A, title V, §1511, July 30, 2008, 122 Stat. 2819.)
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