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#1556863 - 05/25/11 11:48 PM SAFE Act - lender registration
Chocaholic Offline
Gold Star
Joined: Aug 2005
Posts: 443
Northwest
We are going to acquire residential mortgage loans through a broker ( broker will take application, process loan, we will review package, underwrite communicate decision and fund)... are we now required to be licensed as a broker or is registration on NMLS sufficient?
Last edited by Chocaholic; 05/25/11 11:49 PM.
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#1610315 - 09/28/11 11:27 PM Re: SAFE Act - lender registration Chocaholic
West Coast Comp Offline
Gold Star
West Coast Comp
Joined: Jun 2010
Posts: 350
Lost in the rain.
Depends on what type of institution you are. Are you a Bank or some other type of lender?
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