News & Analysis as of

Electronic Surety Bonds (ESBs)

Sheppard Mullin Richter & Hampton LLP

NMLS Transition for California Financing Law Licensees: December 31, 2021 Deadline

Licensees and applicants under the California Financing Law are reminded of the following: • Licensees under the California Financing Law not currently on NMLS must transition onto NMLS by December 31, 2021. • New...more

Ballard Spahr LLP

Alaska to Add Money Transmitter License to NMLS and Adopt Electronic Surety Bonds

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Starting on February 1, 2018, the Alaska Department of Commerce, Community & Economic Development, Division of Banking & Securities will start accepting applications for the Money Transmitter License on NMLS. ...more

Ballard Spahr LLP

New State Agencies Receiving ESB through NMLS

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On January 1, 2018, certain state agencies will start receiving Electronic Surety Bonds (ESB) through NMLS for the following licenses...more

Ballard Spahr LLP

Nevada Converting to Electronic Surety Bonds on NMLS

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On December 1, 2017, the Nevada Division of Mortgage Lending will start using the new Electronic Surety Bond...more

Ballard Spahr LLP

Did You Know?

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NMLS Release 2017.2.1 - The NMLS Release 2017.2.1 has been targeted for July 24, 2017. ...more

Ballard Spahr LLP

Did You Know? NMLS Release 2017.2

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NMLS Release 2017.2 will include the following updates, including, but not limited to, the following: - Addition of the “Returned to Surety by Regulator” functionality - Updates to the MSB Call Report -...more

Bradley Arant Boult Cummings LLP

Additional State Agencies Jump on the ESB Bandwagon

NMLS recently announced that twelve additional state agencies (with 44 license types) would jump on the Electronic Surety Bond (ESB) bandwagon as of January 23, 2017. These additions bring the total number of agencies using...more

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