Tag: NMLS

FHA HECM Updates – NY Licensing – Appraisals – CFPB Exams

Written by: Melinda Hipp, Staff Writer Following are the FHA HECM updates for June.  If you work with reverse mortgages, this is a must-read update! Updates: The New York Department of Financial Services (DFS) published new NMLS licensing guidelines for New York State licensed mortgage bankers seeking to originate Home Equity Conversion Mortgages (HECMs) and proprietary reverse […]

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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 […]

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