There has been some confusion about the SAFE Act and its applicability to real estate licensees. To clarify the requirement, the Idaho Department of Finance has issued this letter with regard to real estate licensee involvement in short sales in Idaho (attached). A real estate licensee does not become a “mortgage loan originator” by receiving a customary real estate commission for real estate brokerage activities and will NOT be regulated by Department of Finance when involved in a short sale in Idaho.