Skip to content

SAFE Act: Required to Include NMLS License Number?

Answered by: 

Question: 
In regards to the SAFE Act, are we required to include the banks NMLS license number on all correspondence along with the MLO's number?
Answer: 

No. There is no such requirement. Your number is assigned by NMLS for the purposes of managing your MLOs, not for disclosure purposes. That said, however, there's no prohibition I'm aware of against providing the bank's number.

First published on BankersOnline.com 11/21/11

First published on 11/21/2011

Filed under: 
Filed under compliance as: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics