12 CFR – Membership out of mortgage originators
(1) Staff registration. Such staff who isn’t from inside the conformity with the subscription and you may novel identifier standards set forth within region is in pass of one’s S.Good.F.E. Work and that part.
(i) Typically. If the a worker of a protected financial institution is actually registered or signed up due to, and gotten a unique identifier out-of, the newest Registry and also was able which subscription or licenses before personnel becomes subject to this part at the current covered monetary organization, then the registration requirements of your S.An excellent.F.Age. Work hence area was deemed becoming satisfied, provided:
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