SS/SCS/HCS/HB 2201 - This act renames the Missouri Secure and Fair Enforcement for Mortgage Licensing and Residential Mortgage Brokers Licensing Act, the Missouri Secure and Fair Enforcement for Mortgage Licensing Act. This amendment exempts entities that were considered exempt on July 7, 2009 from the requirement that they be licensed as a residential mortgage broker. This licensing exemption will last until June 1, 2010. Any entities that are already licensed are not eligible for a refund of the licensing fees.
These provisions have an emergency clause.
This act also authorizes conservators to invest liquid assets of the estate in accounts insured by the National Credit Union Share Insurance Fund.
EMILY KALMER