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Financial Services Law Insights and Observations

Thirty-Five State Agencies Now Using Uniform Mortgage Test

Mortgage Licensing NMLS CSBS SAFE Act

Lending

On October 1, the Conference of State Bank Supervisors announced that five additional state agencies have implemented the new national SAFE MLO test, bringing the total number of participating state agencies to 35. The new test, which was announced in January and launched in April, includes a uniform state component to replace the state-specific component in adopting states.