Mortgage brokers seem to be largely uncovered by comprehensive regulation, either state or federal. Some states have recently made some efforts at regulation; some federal agencies have certain authority that impacts upon the industry; and the industry itself is said to have engaged in certain self-policing activities.
M. Maureen Murphy, Legislative Attorney, American Law Division
CRS 87-219 A
"February 18, 1987."
SuDoc# LC 14. 18/3
