Tag Archives: test

Use of a Uniform State Test For NMLS Licensing gets CFPB green light

The CFPB has validated the use of a Uniform State Test (UST) developed by the Nationwide Mortgage Licensing System and Registry (NMLSR) to satisfy SAFE Act testing requirements. The SAFE Act requires state-licensed MLOs to pass a written test developed by the NMLSR. The test must include questions that examine an applicant on ethics and […]