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#1911342 - 04/03/14 06:04 PM Direct Mail Campaigns
BTJ Offline
Member
Joined: Sep 2007
Posts: 83
Under the SAFE Act, (Federal requirements, Regulation G), NMLS reps must include their unique identifer on any written communication (12 CFR 1007.105(b)(3))

If the bank wishes to do a mortgage directmail compaign, and not include a NMLS ID, is that acceptable?

i.e. it comes from the President of the Bank, who is not NMLS licensed. Or it comes from "the bank" and not a particular individual?

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#1911359 - 04/03/14 06:21 PM Re: Direct Mail Campaigns BTJ
TMatt87 Offline
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TMatt87
Joined: May 2011
Posts: 1,987
Idaho
NMLS number does not have to be on advertising materials.
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#1911365 - 04/03/14 06:25 PM Re: Direct Mail Campaigns BTJ
raitchjay Online
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Joined: Oct 2009
Posts: 9,104
OK
Agree. Also, just for the record, Reg. G doesn't say "any" written communication, it says the "initial" written communication.
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