What policies does your company need? If you are unsure, contact us today for a compliance review. We can evaluate where you are and where you need to be. Our team offers a range of compliance solutions, from Anti-Money Laundering to Red Flag rules and more.
What Is Included In The S.A.F.E Act Procedures Policy?
The Secure and Fair Enforcement Policy for Mortgage Licensing Act is used to protect consumers and avoid fraud in the mortgage industry. All residential mortgage loan originators must be state-licensed or federally-registered.
- Covered loans
- S.A.F.E. Act Officer responsibilities
- Mortgage Loan Originator definition
- Employee failing to comply with registration requirements
- NMLS registry
- Employee information
- Attestation
- Unique Identifier assignment
- Providing unique identifiers to consumers
- Training
- Registration and renewal requirements
- New employees previously or currently licensed
What Is Included In Your Quality Control Policy?
Quality Control policies help to ensure mortgages are in compliance with all relevant laws. We can create a policy that addresses all aspects of quality control.
- General
- Responsibility & Authority
- Scope
- General Procedures
- Selection Policy
- Verification and Review
- HUD / VA loans
- VA loans
- Reporting Policy
- Also includes provisions for Safe Harbor and Anti Steering Act
Find Out More About These Services
Staying within compliance does not have to be complicated. To receive your S.A.F.E Act Procedures Policy or Quality Control Policy, call Majestic Security, LLC in Mason, OH, today at 513-259-1312. These procedures can be purchased separately or together!
