SAFE Act

The SAFE Act – the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act) is the federal law that was enacted due to the real estate and mortgage crash of 2007-2008. For a lot of committed and expert loan officers who’ve made the mortgage business their careers it’s a long time coming to finally have some national mortgage licensing and tracking system. There will now be a standard for expertise that elevates loan officers to a status similar those other professionals who are needed for real estate transactions which do require licensing and professional credentials like: real estate agents, lawyers, title agencies, insurance agents, and home appraisers.

The purpose of the SAFE Act is to:

Provide improved accountability and tracking of loan originators
Enhance consumer protections and support anti-fraud measures
Provide consumers with free information regarding a loan originator’s work history and public disciplinary and enforcement actions
Establish a means by which residential home loan officers would be required to act in the best interests of the consumer
Facilitate the collection and disbursement of consumer complaints
Provide uniform license applications and reporting requirements for state licensed-loan originators

Due to this Act, all residential loan officers must be federally registered. Smart Financial Credit Union has complied with the Safe Act and has registered our Mortgage Services Team.

Smart Financial Credit Union
NMLS ID: 456807

Mortgage Service Team:

Tricia Smith
VP/Lending Services
NMLS ID: 291882

Angela Aguirre
VP/Lending Sales
NMLS ID: 291888

Elizabeth Lewis
AVP/Mortgage Services
NMLS ID: 1148254

Ana Romero
Loan Originator
NMLS ID: 697536

Angie Lujan
Mortgage Closing Coordinator
NMLS ID: 1897777

Krista Hegwood
Mortgage Originator
NMLS ID: 923735

Lara Ojeda
Mortgage Originator
NMLS ID: 40453

Members may access www.nmlsconsumeraccess.org for more information about our Mortgage Service Team.