--- title: MBA Comes Out In Support of SAFE Transitional License Act description: The MBA released a statement voicing support for a new bill that would allow registered loan originators more time when transitioning between institutions, image: https://www.mortech.com/hubfs/2015_redesign/blog_images/2017/MBA_Supports_SAFE_Transitional_Act.jpg --- [![Get my demo](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/25649/1c6fbee1-0d0c-4238-8485-13c8e3f73157.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/25649/1c6fbee1-0d0c-4238-8485-13c8e3f73157) [![mortech](https://www.mortech.com/hubfs/2015_redesign/mortech_logos/mortech_logo_white.png) ![mortech](https://www.mortech.com/hubfs/2015_redesign/mortech_logos/rings_logo_white.png) ](https://www.mortech.com/) # Mortech Blog # 855.298.9327 # MBA Comes Out In Support of SAFE Transitional License Act Posted by [Lori Rezac](https://www.mortech.com/mortechblog/author/lori-rezac) on Aug 23, 2017 1:38:17 PM - [Tweet](https://twitter.com/share) ![MBA_Supports_SAFE_TransitionalAct.jpg](https://www.mortech.com/hs-fs/hubfs/2015_redesign/blog_images/2017/MBA_Supports_SAFE_TransitionalAct.jpg?width=360&height=144&name=MBA_Supports_SAFE_TransitionalAct.jpg)The MBA [released a statement](https://www.mba.org/2017-press-releases/august/mba-statement-on-introduction-of-safe-transitional-license-act?utm_source=Lori+Newsletter&utm_campaign=819e26cf08-EMAIL_CAMPAIGN_2017_08_10&utm_medium=email&utm_term=0_acd2a1b5af-819e26cf08-131693) this week in response to the introduction of the SAFE Transitional License Act in the Senate. This [bill](https://www.congress.gov/bill/114th-congress/house-bill/2121/text) would allow registered loan originators to be granted temporary authority for 120 days to originate mortgage loans when transitioning between federally insured institutions, as well as between states.   In order for the loan originator to qualify for the temporary authority when moving from a depository institution to a non-depository institution, they must have been registered in the Nationwide Mortgage Licensing System and Registry (NMLSR) for the 12-month period preceding the date of the request. Moving between states for the same institution, the loan originator must have been licensed for 30-days preceding the submission date.   The President and CEO of the Mortgage Bankers Assoication (MBA), David H. Stevens, CMB, responded with support for the updates. "This legislation will maintain the important consumer protections established under the federal SAFE Act, while offering enhanced workforce mobility for mortgage loan officers who choose to change employers or move across state lines to pursue new career opportunities," he said.   ![MBA Supports SAFE Transitional Act](https://www.mortech.com/hubfs/2015_redesign/blog_images/2017/MBA_Supports_SAFE_Transitional_Act.jpg "MBA Supports SAFE Transitional Act") ### News & Events Get the latest Mortech product announcements, company updates, and mortgage news delivered to your inbox. ### Subscribe to email updates ### Recent Posts ### Posts by Topic - [Compliance (2)](https://www.mortech.com/mortechblog/topic/compliance) - [Mortgage Compliance (2)](https://www.mortech.com/mortechblog/topic/mortgage-compliance) - [Mortgage Technology Top 50 Service Provider (1)](https://www.mortech.com/mortechblog/topic/mortgage-technology-top-50-service-provider) - [mortgage hedging (1)](https://www.mortech.com/mortechblog/topic/mortgage-hedging) ### Demo [Products](https://www.mortech.com/solutions) [Mortgage Pricing Engine](https://www.mortech.com/mortgage-pricing-engine) [Predictive Analytics](https://www.mortech.com/customer-retention-with-mortech-protection) [Mortgage APIs](https://www.mortech.com/mortgage-apis) [Online Rate Quoting](https://www.mortech.com/online-automated-rate-quoting) [Secondary Marketing](https://www.mortech.com/secondary-marketing) [About Us](https://www.mortech.com/about-us) [Partners](https://www.mortech.com/partners) [Investors](https://www.mortech.com/investors) [Contact Us](https://www.mortech.com/about-us/contact-us) [Testimonials](https://www.mortech.com/testimonials) [News & Events](https://www.mortech.com/mortechnews) [Blog](https://www.mortech.com/mortechblog) [Conference Calendar](https://www.mortech.com/conference-calendar) Follow Us Contact Us [855.298.9327](tel:855.298.9327) [sales@mortech.com](mailto:sales@mortech.com) [support@mortech.com](mailto:support@mortech.com) [Terms of Use](https://www.zillowgroup.com/terms-of-use-privacy-policy/)    |     © 2026 Mortech, a Zillow Group business, All Rights Reserved