Looks like starting January 4, 2010, the California Department of Corporations will implement Senate Bill 36, getting California mortgage originators in compliance with the SAFE Act passed in 2008. The SAFE Act requires all mortgage loan originators to be licensed through the NMLS. Who needs the license? Anyone who provi
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ProSchools just got the New Jersey SAFE Comprehensive course approved! Requirements for New Jersey loan originators look familiar. To be licenced, they need to complete 20 hours of NMLS-approved prelicense education, pass a national background and credit check, pass the SAFE Mortgage Loan Originator Test, and register with the
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ProSchools is starting to sense some end-of-year alarm from loan originators, with Pennsylvania and New Hampshire’s deadline fast approaching, December 31. At the same time, we are preparing for the next big wave to hit the NMLS front –Georgia, by end of March, and then New Jersey by
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