Secure and Fair Enforcement (SAFE) Mortgage Licensing Act
Consumer Financial Protection Bureau (CFBP)
The Secure and Fair Enforcement (SAFE) Mortgage Licensing Act of 2008, sets forth mandatory registration and state licensing of mortgage loan originators through the creation of a Nationwide Mortgage Licensing System and Registry (the “Registry”). The creation of the Registry establishes accountability and tracking of mortgage loan originators throughout their employment history.
View the course for more details.
Please sign up for the Premium Membership to view this content.