· RI legislature · 2025

AN ACT RELATING TO FINANCIAL INSTITUTIONS -- AN ACT ADOPTING THE FEDERAL SECURE AND FAIR ENFORCEMENT FOR MORTGAGE LICENSING ACT OF 2009

Prohibits an individual who is licensed as both a Rhode Island real estate agent and mortgage loan originator to be compensated for both the sale of the property and the origination or referral of the loan in securing the property.

Sponsor

Brandon Potter (D-RI)

Introduced

2025-02-28

Policy area

Finance and Financial Sector

Latest action

06/24/2025 Signed by Governor