Based on what you have learned about the SAFE Act and the role of the NMLS, how has the SAFE Act and NMLS organization helped in the recovery and revitalization of American’s housing market? Consider:What requirements set forth by the SAFE Act had a direct and positive impact on the housing market?Do you think the formation of the NMLS was necessary? Why or why not?What are some of the positive ways that the NMLS/SAFE Act has impacted the industry?Have there been any negative impacts?

The mortgage industry has undergone a transformation. Things that weren't necessary one day become…

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ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Based on what you have learned about the SAFE Act and the role of the NMLS, how has the SAFE Act and NMLS organization helped in the recovery and revitalization of American’s housing market?

Consider:

What requirements set forth by the SAFE Act had a direct and positive impact on the housing market?
Do you think the formation of the NMLS was necessary? Why or why not?
What are some of the positive ways that the NMLS/SAFE Act has impacted the industry?
Have there been any negative impacts?

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