What is the SAFE Act?

The Secure and Fair Enforcement for Mortgage Licensing Act of 2008, known as the SAFE Act, is a federal law designed to protect consumers and reduce fraud.

Each agency-regulated financial institution is assigned its own entity ID in the Nationwide Mortgage Licensing System and Registry (NMLSR). Westamerica’s subsidiary, Community Banker Services Corporation's NMLSR ID is 530568. 

The law requires every mortgage loan originator (MLO) to be registered in the NMLSR and Westamerica's mortgage underwriters are registered as MLOs. Each registered MLO receives a unique ID number that never changes, even if the individual changes employers. Enter the NMLSR ID 530568 into the NMLS Consumer Access Website to obtain a listing of mortgage loan originators at Westamerica Bank.