S.A.F.E. Act*:

Does it effect you as a Mortgage Company or Outsourcer?

Take the Test:

[1] Does your company "originate" or "process" or "underwrite" or "service" residential mortgage loans either as a broker, lender or servicer or independent contractor? Yes or No [Be honest. You are not getting graded on this test.]

[2] If the answer is YES, then you have passed the TEST and you are potentially subject to the S.A.F.E. Act. Immediate Action Recommended:

Actions:

1. You need to identify and quantify your potential exposure to the S.A.F.E. Act.

2. Design a strategetic plan to start getting your Loan Originators, Loan Processors or Loan Underwriters or Servicing Specialists individually licensed in each State.

Call me - Herb Thomas - today at 214-692-7611

I can assess your exposure and develop a strategic plan for Compliance. Time is of the essence because DEADLINES are approaching. Our mLicense LO "Automated Online Loan Originator Licensing Technology" will efficiently expedite your MLOs licenses. Do not jeopardize the successful company that you have built.

Call 214-692-7611 today! and ask about our S.A.F.E. Act Compliance Packages: 1. S.A.F.E. Act Compliance Design Package - I analyze your situation and design with your input a Plan that is compliant with the SAFE Act by answering the following Questions: Who? What? When? Where? How? - on an hourly basis of $250/hr with a minimum analysis fee of $1000 & 2. S.A.F.E. Act Compliance Licensing Package: Once the Plan is designed, we implement the Plan through our Automated Online System for MLO Licensing Package for each MLO: we take each MLO through a 19 step process to gain License Approval; Flat - Turn Key Fee Per MLO License

 

 

*[Secure and Fair Enforcement of Mortgage Licensing Act - the 50 states have recently enacted or are in the process of enacting state legislation in order to implement this federal legislation]