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The
SAFE Mortgage Licensing Act is designed to enhance consumer protection
and reduce fraud by encouraging states to establish minimum standards
for the licensing and registration of state-licensed mortgage loan
originators and for the Conference of State Bank Supervisors (CSBS)
and the American Association of Residential Mortgage Regulators
(AARMR) to establish and maintain a nationwide mortgage licensing
system and registry for the residential mortgage industry.
FURTHER
CONTACT INFORMATION:
HUD
Office of Regulatory Affairs and Manufactured Housing
Department of Housing and Urban Development
451 Seventh Street, SW Rm. 9162
Washington, DC 20410-8000
Telephone: (202) 708-6401
FAX: (202) 708-2678
Email: safeprogram@hud.gov
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