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Ballard Spahr LLP

NMLS Announces ‘Your License is Your Business’ Renewal Campaign

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The NMLS is launching its “Your License is Your Business” renewal campaign to encourage non-depository entities and mortgage loan originators (MLOs) licensed through the NMLS to submit their annual renewal requests early....more

Ballard Spahr LLP

States Announce New Criminal Background Checks for License Renewal

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Multiple state regulators are introducing new background check procedures for MLOs licensed through NMLS. Under FBI rules, Connecticut, Delaware, Florida, Hawaii, Idaho, Massachusetts, Missouri, Montana, Nebraska, New York,...more

Ballard Spahr LLP

Nevada Adopts Uniform State Test and Exempts Loan Processors and Underwriters from MLO Licensure

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Another state agency has announced that it will be adopting the new national MLO test with the Uniform State Content. The Nevada Department of Business and Industry will adopt the test effective January 1, 2014....more

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