Michigan Governor Signs Second Package Of Bills In Reaction To The Real Estate Crisis
LANSING - April 3, 2008 - Governor Jennifer M. Granholm today signed a 13-bill package that will help protect Michigan consumers from mortgage fraud and unfair lending practices by requiring the state's estimated 20,000 mortgage loan officers to register with the state's Office of Financial Services (OFIS).
"This legislation will help us to protect consumers against unfair lending practices, mortgage fraud, and unlicensed mortgage activity," Granholm said. "Effective regulation of loan officers is critical in our effort to protect citizens from abusive lending practices by unethical individuals.".............
MI Newswire
"This legislation will help us to protect consumers against unfair lending practices, mortgage fraud, and unlicensed mortgage activity," Granholm said. "Effective regulation of loan officers is critical in our effort to protect citizens from abusive lending practices by unethical individuals.".............
MI Newswire
posted by Milt Baker CPA | 11:47 AM
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