The Secure and Fair Enforcement for Mortgage Licensing Act is also known as the SAFE Act. The SAFE Act is a federal law that is designed to improve protection for consumers and reduce fraud in mortgage lending. Under this law, individual Mortgage Loan Originators must register in the Nationwide Mortgage Licensing System and Registry (NMLS). All registered Mortgage Loan Originators have a unique identification number (NMLS ID) that they use throughout their career, even if they change employers.
This NMLS ID makes it easier for consumers to find information on NMLS Consumer AccessSM. The NMLS Consumer AccessSM is a free service to provide consumers access, on www.nmlsconsumeraccess.org, to information about Mortgage Loan Originators such as work address, financial services employment history and more.