CT Department of Banking
The CT Department of Banking is the state agency with the responsibility for administrating and licensing mortgage lending and mortgage loan originators.
HUD is the federal agency authorized to implement the SAFE Act and other important federal mortgage regulations. This status is scheduled to change in July, 2011 when the Consumer Financial Protection Agency assumes these responsibilities.
Lenders and Loan Originators should become familiar with ALL SAFE Act and State of Connecticut licensing requirements.
Consumer Financial Protection Agency (Bureau)
The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act) established the Consumer Financial Protection Bureau and directed that it become responsible for interpreting and implementing the SAFE Act as of July 21, 2011.
Please call the CMBA office at 860-348-1238 or email us at email@example.com with any questions.