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What Every Mortgage Broker Should Know About SAFE Act Testing Posted By : David Reinholtz

Posted by admin on Saturday, March 13th 2010

13
Mar

The SAFE Act requires that all residential mortgage loan originators must be either federally registered or state-licensed. All state licensed and federally registered mortgage loan originators must be registered with the NMLS, which is maintained by the Conference of State Bank Supervisors and the American Association of Residential Mortgage Regulators.

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