SAFE Act Registration Deadline To Be Announced

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ALEXANDRIA, Va. – NCUA is reminding that the initial period for federal registration of residential mortgage loan originators under the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) is expected to begin on or around Jan. 31, 2011, and end on or around July 29, 2011.

The agency, which plans to publish on its website a confirmation of the start date of the registration period shortly before the period begins, urged CUs doing residential mortgage lending are encouraged to visit the Nationwide Mortgage Licensing System and Registry (Registry) website http://mortgage.nationwidelicensingsystem.org/fedreg/Pages/default.aspx before the expected start date.

 

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