Maybe not your hands, but your fingers may look forward to the honor.
There being no objection, the text of the bill was ordered to be printed in the Record in March.
Congress is in the process of licensing mortgage brokers.
The bill, S. 2595: Secure and Fair Enforcement for Mortgage Licensing Act of 2008'' or ``S.A.F.E. Mortgage Licensing Act of 2008'' page 41; SEC. 605.(a)(1) requires fingerprint submission to the Federal Bureau of Investigation (FBI). In addition, submission of a credit report is required in Sec. 605 (a)(2)(A) on page 42.
In an article published on May 21, 2008 in the Central Valley Business Times, The Senate Banking, Housing and Urban Affairs Committee has approved the legislation.
The process of fingerprinting for “routine” background checks means the fingerprints are compared against the FBI's database of more than 55 million sets of fingerprints.
The new law may cause concern as matter of privacy and risk. Last month a similar law was passed for CPAs, making forced fingerprinting a requirement for license and registration.
Be prepared in case of mistakes or identity theft. Have affordable access to an attorney and identity theft protection prior to this law being passed, call 888-588-5648
