Renaissance Arlington Capital View Hotel
2800 South Potomac Ave
Arlington, Virginia 22202
Friday, September 14, 2012
STATE LICENSING AND THE NMLSWHAT YOU NEED TO KNOW BEFORE THE REGULATOR KNOCKS ON YOUR DOOR!
Before an individual state regulator or the Multistate Mortgage Committee audits your company, every mortgage lender, broker, and servicer must understand the impact of state licensing requirements and the NMLS on its operations and what it must do to remain in compliance in this ever-evolving regulatory environment. The NMLS has provided revised state licensing forms for companies, branches, and individuals (control persons and MLOs), expanded disclosure questions, a revised NMLS Policy Guidebook, and additional financial services licenses already in this year alone; the near future will see state enforcement actions added to a licensee’s profile on NMLS Consumer Access, changes to financial statement and Mortgage Call Report functionality, and other potential amendments. Attend this session to refresh your understanding of licensing requirements and to learn about future changes important to your company.