New content outline for the SAFE MLO Test, posted by the NMLS December 20, 2012. If you are planning to take your SAFE MLO test in 2013 check out the new content outline the NMLS has prepared. These outlines will help you know how to be prepared. Click here for details.

NMLS has posted an update to the State-Specific Education Chart.  The most current document is dated September 5, 2012 and includes a change to Oregon’s CE requirement.  Oregon now requires MLOs to compete CE in the same year in which they are licensed.  Click her for the chart.

Requirements and Standards under the S.A.F.E. Act

Today,2008 Secure and Fair Enforcement for Mortgage Licensing Act (S.A.F.E. Act), requires any individual who, for compensation or gain, takes a residential mortgage loan application or offers or negotiates terms of a residential mortgage loan application must be licensed or registered as a Mortgage Loan Originator. Click here for details

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