2011 US Code
Title 12 - Banks and Banking
Chapter 51 - SECURE AND FAIR ENFORCEMENT FOR MORTGAGE LICENSING (§§ 5101 - 5116)
Section 5110 - Background checks of loan originators

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Metadata
Publication TitleUnited States Code, 2006 Edition, Supplement 5, Title 12 - BANKS AND BANKING
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 12 - BANKS AND BANKING
CHAPTER 51 - SECURE AND FAIR ENFORCEMENT FOR MORTGAGE LICENSING
Sec. 5110 - Background checks of loan originators
Containssection 5110
Date2011
Laws in Effect as of DateJanuary 3, 2012
Positive LawNo
Dispositionstandard
Source CreditPub. L. 110-289, div. A, title V, §1511, July 30, 2008, 122 Stat. 2819.
Statutes at Large Reference122 Stat. 2819
Public Law ReferencePublic Law 110-289

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12 USC § 5110 (2011)
§5110. Background checks of loan originators (a) Access to records

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) Agent

For 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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