Which entity is responsible for overseeing the conduct of mortgage brokers in South Carolina?

The South Carolina Board of Financial Institutions is the entity that oversees the conduct of mortgage brokers in the state. This board is responsible for the regulation and supervision of mortgage brokers and lenders, ensuring they adhere to state laws and regulations designed to protect consumers and maintain the integrity of the financial system.

The Board's role includes licensing mortgage brokers, conducting examinations to ensure compliance, and addressing any violations of laws related to mortgage practices. This oversight helps to ensure that mortgage brokers operate ethically and transparently, which is vital for consumer protection in the mortgage industry.

The other entities listed have different roles. The South Carolina Department of Consumer Affairs primarily focuses on consumer rights and protection against unfair business practices but does not specifically regulate mortgage brokers. The SC Housing Authority is focused on housing development and assistance programs rather than the conduct of mortgage brokers. Lastly, the South Carolina Bureau of Finance does not have a direct regulatory role concerning mortgage brokers as its primary focus may be on the broader financial services industry. Thus, the Board of Financial Institutions is clearly the appropriate regulatory body in this context.