Connecticut Passes New Mortgage Licensing Law
On May 21, 2009, Governor Jodi Rell signed Senate Bill 948 into law, making sweeping changes to the Connecticut mortgage licensing law.
The bill implements the 2008 federal Secure and Fair Enforcement for Mortgage Licensing Act (S.A.F.E. Act) by imposing conditions on licensing for mortgage professionals, including education and testing. It changes definitions, confidentiality and surety [...]
