It should be the loan officer that either who interacts most frequently with the consumer and who has an NMLSR ID or is in charge of the loan closing. If they have left the bank, you should use NMLSR ID of the mployee in charge of the loan closing.
NMLS# When LO Leaves Before Closing (SAFE Act)
With the SAFE Act, how are we required to handle the NMLS number when an originator leaves before their loan closes? Does their number remain on the documents as they were the Loan Originator or are we required to use a different originator number even though they didn't negotiate the loan?
First published on 02/24/2019