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SAFE ACT-UST How much do you know ?

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Across
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To maintain a license, a state licensed loan originator must complete _____ hours of NMLS approved course work annually.
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The act created to regulate those who originate loans in the primary market. (Abbr.)
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A __________ loan originator is an employee of a depository institution such as a bank, savings association or credit union.
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These standards set the minimum licensing Standards for licensure but does not prohibit states from creating their own stricter licensing requirements .(Abbr.)
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A state is not required to license: Processors or Underwriters, a loan originator who is an employee of a depository institution, real estate broker, anyone who offers/negotiates terms of a residential mortgage on behalf of an immediate family member, anyone who offers/negotiates terms of their own residence or an employee of a bona fide non-profit organization. These are all examples of ______________ _________________. (two words_
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A residential structure that contains 1-4 units. Includes Condos, coops, mobile homes, trailers, if they are used as a residence.
Down
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Left unmaintained, a license will expire in ____ _____. (two words)
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This type of evaluation requires review of, fingerprints, credit report, government agency records.
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Conference of State bank Supervisors (Abbr.)
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To become a state licensed loan originator, you must complete ______ hours of NMLS approved coursework prior to obtaining a license.
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This section of the SAFE act applies to employees of depository institutions i.e Registered mortgage loan originators. (Abbr., two wds)
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Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (Abbr.)
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This section of the SAFE act applies to non-depository institutions and their employees i.e. state-licensed mortgage companies, mortgage brokers, mortgage loan originators. Abbr., (two words)
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The database of all registered loan originators.
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An individual who takes mortgage loan applications and offers/negotiates terms of the mortgage loan. (Abbr.)