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Will Texas or the SAFE act require licensing of Certified Housing Counselors who counsel defaulted clients and work with their lenders for loan re-finance or loan modification?

April 26, 2017ACT certified counsel Counselors HOUSING licensing loan modification require safe Texas

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Will Texas or the SAFE act require licensing of Certified Housing Counselors who counsel defaulted clients and work with their lenders for loan re-finance or loan modification?

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If the counselors discuss rates and/or terms or discuss loan options they must be licensed. Individuals that work with borrowers to modify existing loans must be licensed under the Act.