SAFE Act: What’s the Purpose?

Back in 2010, we were blessed with the SAFE Act. That’s the Secure and Fair Enforcement for Mortgage Licensing Act. The SAFE Act is all about keeping tabs on both financial institutions that participate in mortgage lending as well as the individual mortgage lenders that are employed by financial institutions.

Jerod explains more in the video.

 

Ready to learn more? JOIN US for our webinar, “SAFE Act.” Featured topics include:

  • Who is a Mortgage Loan Originator (MLO)?
  • Financial Institution Responsibilities
  • MLO Responsibilities
  • The Nationwide Mortgage Licensing System (NMLS) Number & Registration
  • NMLS Number Requirements
  • Policy & Procedure Requirements
  • Ongoing Monitoring
  • Your Questions, Plain English Answers & More!

Training Library!

Published
2022/10/31
Jerod Moyer

Jerod Moyer

Jerod is the leader of Banker’s Compliance Consulting’s training productions. He is a nationally recognized speaker. Whether it’s a conference, seminar, school, webinar or luncheon, it’s easy to stay engaged when he presents due to the amount of passion and energy he brings to each and every compliance topic. Jerod has spoken on behalf of the American Bankers’ Association, BankersOnline, many state banking associations, private compliance groups and financial institutions. He is a Certified Regulatory Compliance Manager (CRCM) and BankersOnline Guru. Jerod likes to spend his time (between reading regulations and producing compliance training!) relaxing at the lake with his wife and three children, following their activities or engaged in something sports-related!

Recent Posts

Specific Reasons When Taking Adverse Action

TRID: Closing Disclosure Accuracy

FinCEN Issues Financial Trend Analysis on Elder Exploitation

Archives

see all topics