RISMEDIA, February 16, 2011—The foreclosure crisis sparked new regulations and licensing requirements for mortgage originators. Many changes at the state level have already occurred, but more requirements are coming. Every real estate professional should know about the Safe Act and what these changes mean to their clients. Tim Doyle, Vice President of Conference of State Bank Supervisors, will appear on the February 22 show of NAHREP Radio (http://www.blogtalkradio.com/nahrep) to offer an overview of the new national mortgage licensing standards.
Doyle is responsible for coordinating state mortgage regulators in developing Nationwide Mortgage Licensing System (NMLS) and oversees legislative and regulatory policies that seek to create a system of strong and efficient regulation. Prior to joining CSBS, Doyle was a Senior Director in the Government Affairs department of the Mortgage Bankers Association (MBA).
“The Safe Act is raising the standards of professionalism for originators with new education and licensing requirements. This affects agents, many of whom have preferred lenders they have built relationships with over the years,” says Alex Chaparro, NAHREP chairman. “This is must-know info for every real estate agent.”
The Voice of Hispanic Real Estate is an Internet talk radio program produced by the National Association of Hispanic Real Estate Professionals, a non-profit trade association with more than 18,000 members in 48 states and 50 affiliate chapters.
For more information, visit www.nahrep.org.
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