This page will look at compliance issues we are seeing in the industry including impact of having a license revoked, renewal timetables, bad credit license denials and varying definitions of who fits the definitions of mortgage originators and how it varies from state to state and federal law. Also will the new CFPB clear up some of this confusion and bring out rules creating clarity and uniformity.
Click on the NMLS – SAFE Act Link in the Categories list on the left side of this page to read more posts on this topic.
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