About This Course
The Housing and Economic Recovery Act of 2008 included, as a small part of a very comprehensive law, the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act). This law has fundamentally changed the manner in which residential mortgage loans are originated in the United States. The SAFE Act has mandated, by the Federal Government, a national and state licensing regimen for mortgage loan officers and has established a nationwide data base of these individuals and companies. This course will provide an in-depth examination of the SAFE Act, its operation and various potential issues in its implementation.