Reply To: Loan originator rules


I guess it is the part about making referrals that has me confused. That isn’t mentioned anywhere in the S.A.F.E. act so this part seems to be specific to the new rules. It also mentions advertising, so this would include those in Marketing for the bank?

Is getting them registered under the S.A.F.E. act the safest way if they must meet some kind of standards now? Or would we be better to meet the standards in the new rule?