(short essay) Licensing Standardization: Based on 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 mark

(short essay) Licensing Standardization:

Based on 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?