SAFE Act Policies not Uniform Around the Industry; Impeachment Process is not Driving Rates

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Posted To: Pipeline Press

“I can’t remember how to write 1, 1000, 51, and 500 in Roman Numerals! IM LIVID.” Some in the industry may be livid over Associated Bank’s announcement yesterday to not accept applications taken by an LO that has been granted the “temporary authority to operate.” But Associated is not the only one. More below on the Act, and a random sample about who is doing what when it comes to licensing. And, in general, the term “livid” is rarely used these days around the world as many believe 2019, despite the mainstream press focusing on bad news, was the best year ever around the world when looking at literacy, poverty, and health. SAFE Act When a mortgage lender hires a large group of loan officers from a bank and that transition includes handling their…(read more)

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