In Georgia, a new law was signed in the law that somewhat solves the requirements for the mortgage approval law. The peacher no longer expands its standards across the country.
It was the ban on licensing convicted criminals. According to Georgia Law, no criminals could work for a company that the state's mortgages arise, even if the former convict in Georgia never did mortgage work. This burdened national companies excessively in several countries.
The lawyers Robert Niemi and Haydn Richards Jr.
Said: “[W]I understand that the intention of the legislation is to allow companies to hire freelancers outside of Georgia, with the understanding of stopping someone who may have a crime in the background, as long as the person is not in Georgia and does not work with Georgia loan files. “
The lawyers that Bradley Arant Boult Cummings in Birmingham, Ala.
The lawyers said: “Georgia had been questioned in the past by rampant mortgage fraud and therefore complies with considerable protection in relation to the employment of criminals.”
According to the lawyers, the new law presents a newly defined term for a covered employee. It is defined as “every employee of a mortgage or mortgage broker who is involved in the activities of the housing mortgage loan in Georgia.