Posts tagged: Safe Act

An Insider’s Guide To The Safe Act

There are probably few pieces of legislation in history that are more flawed and harder to understand than the Safe Act. And what was designed to safeguard average Americans from the abuse of the mortgage industry has actually turned into a costly, inefficient mess that will no doubt result in nothing more than removing a vast amount of available credit from the market at the worst possible time. Read more »

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categories Uncategorized | Frank Rolfe | datetime March 5, 2010 3:52 pm | comments Comments (1)

The new SAFE Act: Are You Compliant?

The SAFE act is new federal law designed to assist with the recovery of America’s residential housing market.  It is intended to modernize the Federal Housing Administration, reduce foreclosures, enhance consumer protections, and reduce mortgage fraud by establishing minimum standards for the licensing and registration of state-licensed mortgage loan originators.  Read more »

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categories Uncategorized | Dave Reynolds | datetime February 26, 2010 12:25 pm | comments Comments (0)