source:
  type: regulation
  id: safe-12cfr-1008.1
  authority: 12 CFR Part 1008 — SAFE Act Minimum State Licensing Standards for Mortgage Loan Originators (CFPB)
    § 1008.1 — Purpose
  description: '12 CFR Part 1008 — SAFE Act Minimum State Licensing Standards for Mortgage Loan Originators (CFPB),
    §1008.1 Purpose. Captured section-complete (all subsections verbatim).

    '
obligations:
- id: safe-12cfr-1008.1-a
  canonical_id: safe-12cfr-1008.1-a
  section: 12 CFR §1008.1(a)
  description: 'Purpose — (a): (a) Authority. This part, known as Regulation H, is issued by the Bureau of Consumer
    Financial Protection to implement the Secure and Fair Enforcement for Mortgage Licensing Act of 2008, title
    V of the Housing and Economic Recovery Act of 2008 (S.A.F.E. Act) (Pub. L. 110-289, 122 Stat. 2654, 12 U.S.…'
  type: reference
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 12 CFR Part 1008 — SAFE Act Minimum State Licensing Standards for Mortgage Loan Originators (CFPB)
      § 1008.1
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-12/chapter-X/subchapter-B/part-1008
    snapshot_id: 8be7db7ff328d57d
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:d145571b2b30300b8a66c87fe89c457b2c3961ee4d853c3e9b551a7eb4f181bb
    paragraph_quote: (a) Authority. This part, known as Regulation H, is issued by the Bureau of Consumer Financial
      Protection to implement the Secure and Fair Enforcement for Mortgage Licensing Act of 2008, title V of the
      Housing and Economic Recovery Act of 2008 (S.A.F.E. Act) (Pub. L. 110-289, 122 Stat. 2654, 12 U.S.C. 5101
      et seq. ).
    drafter_attestation: Verbatim (whitespace-normalized) slice of §1008.1 subsection (a) from snapshot 8be7db7ff328d57d;
      substring-verified.
  judgment: false
- id: safe-12cfr-1008.1-b
  canonical_id: safe-12cfr-1008.1-b
  section: 12 CFR §1008.1(b)
  description: 'Purpose — (b): (b) Purpose. The purpose of this part is to enhance consumer protection and reduce
    fraud by directing states to adopt minimum uniform standards for the licensing and registration of residential
    mortgage loan originators and to participate in a nationwide mortgage licensing system and registry databa…'
  type: reference
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 12 CFR Part 1008 — SAFE Act Minimum State Licensing Standards for Mortgage Loan Originators (CFPB)
      § 1008.1
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-12/chapter-X/subchapter-B/part-1008
    snapshot_id: 8be7db7ff328d57d
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:d145571b2b30300b8a66c87fe89c457b2c3961ee4d853c3e9b551a7eb4f181bb
    paragraph_quote: (b) Purpose. The purpose of this part is to enhance consumer protection and reduce fraud by
      directing states to adopt minimum uniform standards for the licensing and registration of residential mortgage
      loan originators and to participate in a nationwide mortgage licensing system and registry database of residential
      mortgage loan originators. Under the S.A.F.E. Act, if the Bureau determines that a state's loan origination
      licensing system does not meet the minimum requirements of the S.A.F.E. Act, the Bureau is charged with establishing
      and implementing a system for all loan originators in that state. Additionally, if at any time the Bureau
      determines that the nationwide mortgage licensing system and registry is failing to meet the S.A.F.E. Act's
      requirements, the Bureau is charged with establishing and maintaining a licensing and registry database for
      loan originators.
    drafter_attestation: Verbatim (whitespace-normalized) slice of §1008.1 subsection (b) from snapshot 8be7db7ff328d57d;
      substring-verified.
  judgment: false
- id: safe-12cfr-1008.1-c
  canonical_id: safe-12cfr-1008.1-c
  section: 12 CFR §1008.1(c)
  description: 'Purpose — (c): (c) Organization. The regulation is divided into subparts and appendices as follows:
    (1) Subpart A establishes the definitions applicable to this part. (2) Subpart B provides the minimum standards
    that a state must meet in licensing loan originators, including standards for whom a state must require…'
  type: reference
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 12 CFR Part 1008 — SAFE Act Minimum State Licensing Standards for Mortgage Loan Originators (CFPB)
      § 1008.1
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-12/chapter-X/subchapter-B/part-1008
    snapshot_id: 8be7db7ff328d57d
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:d145571b2b30300b8a66c87fe89c457b2c3961ee4d853c3e9b551a7eb4f181bb
    paragraph_quote: '(c) Organization. The regulation is divided into subparts and appendices as follows: (1) Subpart
      A establishes the definitions applicable to this part. (2) Subpart B provides the minimum standards that a
      state must meet in licensing loan originators, including standards for whom a state must require to be licensed,
      and sets forth the Bureau''s procedure for determining a state''s compliance with the minimum standards. (3)
      Subpart C provides the requirements that the Bureau will apply in any state that the Bureau determines has
      not established a licensing and registration system in compliance with the minimum standards of the S.A.F.E.
      Act. (4) Subpart D provides minimum requirements for the administration of the Nationwide Mortgage Licensing
      System and Registry. (5) Subpart E clarifies the Bureau''s enforcement authority in states in which it operates
      a state licensing system. (6) Appendices A through D set forth examples to aid in the understanding and application
      of the regulations.'
    drafter_attestation: Verbatim (whitespace-normalized) slice of §1008.1 subsection (c) from snapshot 8be7db7ff328d57d;
      substring-verified.
  judgment: false
