Based on what you have learned about the SAFE Act and the role of the NMLS, how has the SAFE Act and NMLS organization helped in the recovery and revitalization of America’s housing market?  Consider: What requirements set forth by the SAFE Act had a direct and positive impact on the housing market? Do you think the formation of the NMLS was necessary? Why or why not? What are some of the positive ways that the NMLS/SAFE Act has impacted the industry? Have there been any negative impacts?

SWFT Comprehensive Vol 2020
43rd Edition
ISBN:9780357391723
Author:Maloney
Publisher:Maloney
Chapter12: Tax Credits And Payments
Section: Chapter Questions
Problem 5DQ
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Based on what you have learned about the SAFE Act and the role of the NMLS, how has the SAFE Act and NMLS organization helped in the recovery and revitalization of America’s housing market? 

Consider:

  • What requirements set forth by the SAFE Act had a direct and positive impact on the housing market?
  • Do you think the formation of the NMLS was necessary? Why or why not?
  • What are some of the positive ways that the NMLS/SAFE Act has impacted the industry?
  • Have there been any negative impacts?
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