NMLS Renewal Underway and Renewal Changes for Nevada Licensees

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Ballard Spahr LLP

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, Mortgage Agents should renew using the instructions on the NMLS for a mortgage loan originator, and Nevada Mortgage Banker and/or Mortgage Broker licensees should renew as a mortgage company in order to comply with the 2017 amendments to the licensing statutes which become effective on January 1, 2020.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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