Ariz. gov. signs bill on licensing of loan workers (AP via Yahoo! Finance)

Arizona Gov. Janet Napolitano on Monday signed into law a bill requiring the state licensing of mortgage loan workers. While the state already regulates mortgage brokers and mortgage bankers, the law will require licensing of an estimated 10,000 loan originators — front-line employees of mortgage brokers and other lenders who typically interview loan applicants and act as middlemen between …

Source:Ariz. gov. signs bill on licensing of loan workers (AP via Yahoo! Finance)

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