Section 2 contained in the engrossed Bill protecting and preserving home ownership (see House, No. 4387, amended), which had been returned by His Excellency the Governor with recommendation of amendment (for message, see House, No. 4406). December 3, 2007.
HOUSE................................. No. 4407
The
Commonwealth of Massachusetts
———————
IN THE YEAR TWO THOUSAND SEVEN.
An Act RELATIVE TO THE LICENSING OF MORTGAGE LOAN ORIGINATORS.
Whereas, The deferred operation of this act would tend to defeat its purpose, which is to regulate the licensing of mortgage loan originators, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
Chapter 6 of the General Laws is hereby amended by inserting after Section 172I the following section:-
Section 172J. Notwithstanding section 172 or any other general or special law to the contrary, the commissioner of the division of banks may obtain all available criminal offender record information and juvenile data as found in the court activity record information from the criminal history systems board of all applicants for licensure pursuant to chapter 255F. Information obtained under this section shall not be disseminated for any purpose other than to provide mortgage protection for home owners.