The SAFE Act Flashcards

1
Q

Categories of The SAFE Exam

A
27% Mortgage Loan Origination
20% General Mortgage Knowledge
24% Federal Law
18% Ethics
11% Uniform State Content
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Regulation G

A

MLOs working for a depository institution must be registered with the NMLS

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Regulation H

A

MLOs working for a non-depository institution must be registered with the NMLS, and must obtain an MLO License

How well did you know this?
1
Not at all
2
3
4
5
Perfectly