· New Fed Mortgage Expands Lending Coverage on the East Coast into Virginia; New Fed Mortgage Expands Lending Coverage on the East Coast into Virginia. New Fed Mortgage Expands Lending Coverage on the East Coast into Virginia. by Scott Haile / Tuesday, 27 August 2019 / Published in VA Loan.

The Bureau of Financial Institutions (BFI) is a regulatory division of the Virginia State Corporation Commission (SCC.) This division is involved in consumer protection through administration of state laws regarding depository and non-depository financial institutions.

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Virginia Mortgage Loan Originator Licensing. General Information. Definitions . Frequently Asked Questions. General Information. Chapter 17, Title 6.2 of the Code of Virginia requires an individual to obtain a mortgage loan originator (MLO) license prior to engaging in the business of a MLO, unless such individual is exempt from licensing.

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Union Bankshares in Richmond, Va., will shut down its mortgage unit after reaching a deal to outsource originations through a Chicago bank. federal savings bank said in a press release Wednesday that it had reached an agreement with the $13 billion-asset Union to offer residential products and services at Union branches.

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Community Reinvestment Fund (CRF) has been selected by Goldman sachs. largest nonbank lenders of U.S. Small Business Administration (SBA) loans to businesses. CRF will help expand Goldman’s 10,000.

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