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February | 2012 | SAFE Compliance Countdown
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Archive for February, 2012. NMLS is Being Outfitted for Non-Mortgage Industries. February 13, 2012. The Conference of State Bank Supervisors. Enter your email address to subscribe to this blog and receive notifications of new posts by email. Join 770 other followers. NMLS is Being Outfitted for Non-Mortgage Industries. Featured Speakers at NMLS Conference. Mortgage Call Report Forum (industry forum). SAFE topics in NMLS. Blog at WordPress.com. Follow “SAFE Compliance Countdown”. Join 770 other followers.
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September | 2011 | SAFE Compliance Countdown
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Archive for September, 2011. Continuing Education for 2011 (STATE). September 21, 2011. The SAFE Act requires state-licensed MLOs to complete 8 hours of annual continuing education. Some states have additional requirements (see the State-Specific Education Requirements Chart. So far in 2011, MLOs have completed 270,471 hours of continuing education (CE). Roughly 40% of the estimated 85,000 MLOs who are required to complete CE are now compliant. Join 770 other followers. SAFE topics in NMLS.
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SAFE Compliance Countdown | Page 2
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Identifying Call Report Mistakes (STATE). August 23, 2011. To help companies identify mistakes that can occur in the Call Report, NMLS has posted a set of Examples of MCR Data Quality Issues. The examples correspond to the following list of five commonly seen data quality issues:. Reversing an Amount field with a Count field. For example, entering an Amount of $1 and a Count of 250,000. Closed loan sections not equal. Providing a loan Count but no loan Amount. Loans Originated are not consistent. MLOs em...
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August | 2011 | SAFE Compliance Countdown
https://nmlssafeact.wordpress.com/2011/08
Archive for August, 2011. Identifying Call Report Mistakes (STATE). August 23, 2011. To help companies identify mistakes that can occur in the Call Report, NMLS has posted a set of Examples of MCR Data Quality Issues. The examples correspond to the following list of five commonly seen data quality issues:. Reversing an Amount field with a Count field. For example, entering an Amount of $1 and a Count of 250,000. Closed loan sections not equal. Providing a loan Count but no loan Amount. Mortgage Call Repo...
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November | 2011 | SAFE Compliance Countdown
https://nmlssafeact.wordpress.com/2011/11
Archive for November, 2011. November 22, 2011. In just the first three weeks of the renewal period, a significant number of state licensees and federal registrants have completed the process. The percentage of companies and individuals who have submitted their renewal request as of November 19th is shown below. The renewal period ends December 31, but several state agencies have earlier deadlines for licenses. For more go to NMLS Renewal. Posted in Federal Registration. November 1, 2011. NMLS is Being Ou...
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January | 2012 | SAFE Compliance Countdown
https://nmlssafeact.wordpress.com/2012/01
Archive for January, 2012. Featured Speakers at NMLS Conference. January 18, 2012. NMLS Annual Conference and Training. Is bringing together over 99 state regulators from 50 state agencies as well as federal regulators from the CFPB, FDIC, and NCUA. CFPB and the Supervision of the Mortgage Industry for Depositories and Non-depositories. Assistant Director for Non-depository Supervision, Consumer Financial Protection Bureau. NMLS and State Licensing Update. Commissioner, Massachusetts Division of Banks.