The S.A.F.E. Mortgage Act was passed in July, 2008. The S.A.F.E. Mortgage Act is designed to enhance consumer protection and reduce fraud.
The S.A.F.E. Mortgage Act requires mortgage originators to take pre-license education courses, pass a written exam, and complete annual continuing education.
N.M.L.S. Mortgage
N.M.L.S. stands for Nationwide Mortgage Licensing System. N.M.L.S. mortgage licensing requirements are mandated by the S.A.F.E. mortgage act as outlined above.
Companies, individual mortgage originators, and training course providers are all indexed inside of the N.M.L.S. mortgage system once they have complied with the S.A.F.E. mortgage mandates.
Need S.A.F.E. Mortgage Licensing Training?
For S.A.F.E. mortgage licensing training, select "NMLS Licensing" and your state under the "Licensing" search box below.