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- NMLS ID # in Lender Promo | For Bankers. From Bankers
Our lenders are being featured on social media with a basic picture of themselves and what branch they operate from The marketing department listed the lender's NMLS ID # in the promo ad which the Act doesn't prohibit: [i]MLO unique identifiers may be used on written materials or promo
- Providing NMLS ID # | For Bankers. From Bankers
Reading through the requirements I cant find where the NMLS# HAS to be on the business cards or emails I see where it has to be included with any written communication Can anyone give me a reference where to find the exact requirements of where all it needs to be?
- SAFE Act - Bankers Online
SAFE Act Social Media and Ad Disclosures 10 29 2023 Posts on the bank's social media (Facebook) that mention "our residential lending team" but include no mention of rates, terms, etc , do we need to include our NMLS number and EHL logos? Updating Inactive NMLS 12 11 2022 Does an "inactive" NMLS record need to be maintained and updated?
- NMLS Originator Name | For Bankers. From Bankers
I am conducting an audit relating to the FACT Act I have found two originators using different names on the loan documents than the actual name on the NMLS registry For instance the NMLS registry shows the name as William A James and the loan documents shows Bill James Should I show t
- Annual review of NMLS fees underway - Bankers Online
The Conference of State Banking Supervisors yesterday announced that an annual review of NMLS fees has begun The fees are reviewed annually to determine if the fee structure is properly aligned with the costs of efficiently operating NMLS for the 600,000 industry users who rely on the system to maintain their licensing or registration
- NMLS | For Bankers. From Bankers
I know is required for all MLOs to have their NMLS number on business cards, email signature and in residential loan documents where it's required to show However, the list of MLOs on the banks website I don't recall it needs to be there An auditor is siting it as a finding
- NMLS updates process for NMLS account admin changes
The NMLS Federal Registry News includes a notice that the NMLS has implemented an updated process for requesting Account Administrator changes for both state-licensed companies and federally regulated institutions The forms are now available on the NMLS Call Center page on the Resource Center
- NMLS #s on advertisements | For Bankers. From Bankers
Is the company NMLS # required on advertising materials such as cozies, pens, signs and other materials not given to specific people? I think this is going too far NMLS #s on name tags? Too much
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