SAFE ACT ANNUAL RENEWAL

The National Multistate Licensing System and Registry’s 2021 renewal period begins November 1 and continues through December 31. All Mortgage Loan Originators (MLO), as defined in Regulation G, 12 CFR 1007, who are registered with the Registry are required to complete the annual registration renewal.

One exception to the renewal requirement is for MLOs who completed their initial registration with the Registry less than 6 months prior to the end of the annual renewal period of December 31, 2021. For example:

  • If an MLO was initially registered on or before June 30, 2021 they must renew their registration during the 2021 renewal period.
  • If the MLO registered on or after July 1, 2021 renewal is not required during the 2021 renewal period.