WASHINGTON (Reuters) – Mortgage loan originators will have to be fingerprinted and sign up to a central registry to do business in future, according to final rules issued on Wednesday by the Federal Reserve and other regulators.
The rules are part of the Secure and Fair Enforcement for Mortgage Licensing Act of 2008, also called the S.A.F.E. Act.
They were issued by the Fed, Comptroller of the Currency, Federal Deposit Insurance Corp, Office of Thrift Supervision, Farm Credit Administration and National Credit Union Administration.Read more »
The Obama administration sets its sights on overweight Americans, demanding obesity ratings for all citizens by 2014, the White House has promoted the Obamas' personal cook to a senior advisory position...Read more »
Planet moron points out the ludicrous scheme to track peoples usage of recycling by microchipping their bins!Read more »
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