News & Analysis as of

Regulatory Oversight NMLS Licensing Rules

Orrick, Herrington & Sutcliffe LLP

RegFi Episode 64: Navigating Multistate Licensing and Supervision in a Digital Era

RegFi co-hosts Jerry Buckley and Sherry Safchuk are joined by Orrick partner Jedd Bellman, former Maryland Assistant Commissioner of Financial Regulation, for a deep dive into the evolving role of state regulators in...more

Ballard Spahr LLP

NMLS Reinstatement Period Now Open Through February 29

Ballard Spahr LLP on

The NMLS Reinstatement Period began on January 2, 2020, and will end on February 29, 2020. This period allows individuals and companies that failed to renew their licenses by December 31 to request renewal. ...more

Ballard Spahr LLP

NMLS Renewal Underway and Renewal Changes for Nevada Licensees

Ballard Spahr LLP on

The NMLS renewal period for licensees began last week on November 1 and continues through December 31. For Nevada licensees, according to an update from the Nevada Division of Mortgage Lending...more

Ballard Spahr LLP

South Dakota Adds Non-Residential Mortgage Lender Licenses to NMLS

Ballard Spahr LLP on

South Dakota Adds Non-Residential Mortgage Lender Licenses to NMLS - South Dakota added its Non-Residential Mortgage Lender License to NMLS on July 15, 2019. ...more

Ballard Spahr LLP

Temporary Authority Update

Ballard Spahr LLP on

Both Virginia and Utah have enacted legislation to permit temporary authority to operate as a mortgage loan originator in their respective states pursuant to the SAFE Act....more

Ballard Spahr LLP

NMLS Reinstatement Period Ends February 28

Ballard Spahr LLP on

For those agencies that permit license reinstatement, the reinstatement period will run until midnight Eastern Time on February 28, 2019....more

Ballard Spahr LLP

NMLS Renewal Period Now Open

Ballard Spahr LLP on

A reminder that the NMLS license renewal period opened on November 1, and that there is an Annual Renewal Information section on the NMLS Resource Center website with detailed information regarding deadlines, requirements,...more

Ballard Spahr LLP

North Carolina to Accept Electronic Surety Bonds

Ballard Spahr LLP on

The North Carolina Commissioner of Banks Office has begun receiving new and converted Electronic Surety Bonds (ESB) through NMLS for its mortgage broker, mortgage lender, and mortgage servicer licenses....more

Ballard Spahr LLP

Pennsylvania Issues Mortgage Servicer License FAQs

Ballard Spahr LLP on

The Pennsylvania Department of Banking and Securities recently published Frequently Asked Questions to clarify its new mortgage servicer licensing requirements. ...more

Ballard Spahr LLP

Pennsylvania Adds Licensing Requirements for Mortgage Servicers

Ballard Spahr LLP on

Pennsylvania is adding a requirement that a Mortgage Servicer License is required to engage in the mortgage loan business as a mortgage servicer. As such, the definition of “mortgage loan business” has been amended to include...more

Ballard Spahr LLP

Reinstatement Period Begins

Ballard Spahr LLP on

The Reinstatement Period on NMLS started on January 1 and ends on February 28. ...more

Ballard Spahr LLP

Illinois Revises Residential Mortgage License Act Provisions

Ballard Spahr LLP on

The Illinois Department of Financial and Professional Regulation adopted rules to repeal and amend parts of the Residential Mortgage License Act, including, but not limited to...more

Ballard Spahr LLP

D.C. and California Issue Student Loan Servicing Regulations, Join Other States in Migrating Licenses to NMLS

Ballard Spahr LLP on

As we reported last month, the District of Columbia Department of Insurance, Securities and Banking (DISB) started accepting applications and transition filings for the Student Loan Servicer License on the Nationwide Mortgage...more

Ballard Spahr LLP

Iowa Transitions Division of Banking Licenses to NMLS

Ballard Spahr LLP on

On October 1, 2017, the Iowa Division of Banking will require the following licensees to submit a license transition request via NMLS...more

Ballard Spahr LLP

D.C. Adds Student Loan Servicer License to NMLS

Ballard Spahr LLP on

On August 10, 2017, the District of Columbia Department of Insurance, Securities and Banking started accepting applications and transition fillings for the Student Loan Servicer License and Student Loan Servicer Branch...more

15 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide