NMLS – Annual Renewal Information

Written By: Tammy Butler, Master CMB It’s that time of year again to renew your license.  Check out this article for best practices and tips to get through the process faster. Rule Synopsis: NMLS requires that each individual mortgage loan originator (MLO) must renew their license in NMLS between November 1st and December 31st of [...]

2018-11-09T08:37:19-05:00November 9th, 2018|

The Conference of State Bank Supervisors (CSBS) Announces Nationwide Test-Dated August 8-2018-Effective August 1, 2018

Written By: Tammy Butler, Master CMB If you have a loan officer license, or manage anyone that does, this is a must-read article. Rule Synopsis: The Conference of State Bank Supervisors (CSBS) announced August 8, 2018 that all states and U.S. territories now use a single, common exam to assess mortgage loan originators (MLOs), simplifying [...]

2018-08-09T19:48:43-05:00August 9th, 2018|

NMLS-Annual Renewal – Begins November 1, 2018 – Ends December 31, 2018

Rule Synopsis: If you hold a State license, you are required to renew your license through the NMLS. The renewal period begins November 1 and ends on December 31, 2018. You will need to complete your education requirements, complete your annual attestation to verify that all the information on record is accurate and complete, and [...]

2018-09-25T19:40:52-05:00December 26th, 2017|

NMLS Adds More States to the Uniform State Test (UST)-Updated Adoption Table Dated 5-23-2017-Effective 9-16-2017

Rule Synopsis: On September 16, 2017, South Carolina will adopt the NMLS Uniform State Test (UST) and will no longer require an individual State exam. With South Carolina’s adoption of the UST, there are only two remaining states where you are not automatically licensed – Minnesota and West Virginia. Those two states still require you [...]

2018-10-06T19:45:56-05:00November 4th, 2017|

NMLS – State-Specific Education Requirements – PE and CE (Effective March 29, 2017)

Rule Synopsis: NMLS updates each state’s S.A.F.E. educational requirements effective 3-29-17. Interpretive CommentsNMLS keeps track of state requirements and has provided a one-page list of each state’s PE and CE hours required. Scroll down the attached document, search “By State,” and you will find an outline of the required number of Pre-licensing hours, CE hours [...]

2017-12-27T12:06:51-05:00November 4th, 2017|