[Chart] FHA mortgage insurance boom in the works?

[Chart] FHA mortgage insurance boom in the works?

MBA notes impact of cutting MIPs

loanDepot officially files for IPO

Number of shares, price range to be determined

Did Sen. Corker violate SEC rules, Senate ethics by telling investors to short GSEs?

Made questionable remarks on CNBC regarding stocks
Lending / The Ticker

SAFE Mortgage Loan Officer test adopted in 10 more states

/ Print / Reprints /
| Share More
/ Text Size+

Ten additional state agencies adopted the National SAFE Mortgage Loan Officer test, bringing the total to 30 state agencies that have implemented the exam, the Conference of State Bank Supervisors said. 

The test first launched in April, with 26 states agreeing to utilize it. Another ten states jumped on board this week.

The new states include: Alabama, Alaska, Indiana, Kansas, Montana, Nebraska, New Jersey, Tennessee, Vermont and Wyoming.

"Today’s adoption of the new National SAFE MLO test by these agencies makes the application process easier for individuals seeking mortgage loan originator licenses in their state," said Bob Entringer, commissioner of the North Dakota Department of Financial Institutions and chairman of the State Regulatory Registry.

He explained, "An originator who passes the new test is compliant with the SAFE Act testing requirements in thirty states."

Recent Articles by HousingWire Staff

Comments powered by Disqus