Nationwide Mortgage Licensing System and Registry (NMLSR definition

Nationwide Mortgage Licensing System and Registry (NMLSR means a mortgage licensing system developed and maintained by the Conference of State Bank Supervisors and the American Association of Residential Mortgage Reg- ulators for the licensing and registration of mortgage loan originators.
Nationwide Mortgage Licensing System and Registry (NMLSR. )) "NMLS" means a ((mortgage)) multistate licensing system developed and maintained by the Confer- ence of State Bank Supervisors and the American Associa- tion of Residential Mortgage Regulators for the licensing and registration of mortgage loan originators and other license types.

Examples of Nationwide Mortgage Licensing System and Registry (NMLSR in a sentence

  • If an application for a license or an application for a renewal does not contain all of the information required, the information must be submitted to the Division of Financial Institutions (Division) or to the Nationwide Mortgage Licensing System and Registry (NMLSR) within 90 days after the Superintendent or the NMLSR requests the information in writing (including electronic transmission or fax).

  • The registration and licensing requirements are administered, in part, through the Nationwide Mortgage Licensing System and Registry (NMLSR).

  • Each licensed mortgage loan originator must register with and maintain a valid unique identifier issued by the Nationwide Mortgage Licensing System and Registry (NMLSR).

  • For purposes of this Article the Nationwide Mortgage Licensing System and Registry (NMLSR) is defined as a uniform multi-state administration of an automated licensing system for mortgage brokers and mortgage lenders.

  • The licensing and/or registration of such loan originators is facilitated by the Nationwide Mortgage Licensing System and Registry (NMLSR), which is managed by state regulatory officials, including officials from the Conference of State Bank Supervisors (CSBS).

  • If a loan originator leaves a licensed mortgage broker or lender to be licensed with another licensed mortgage broker or lender, then the initial loan originator application must be fully completed in the Nationwide Mortgage Licensing System and Registry (NMLSR) system.

  • Final administrative actions taken against mortgage loan originators shall be considered public information and may be disseminated through the Nationwide Mortgage Licensing System and Registry (NMLSR) and by the Department.

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  • If an application for a license or an application for a renewal does not contain all of the information required, the information must be submitted to the Division of Financial Institutions or to the Nationwide Mortgage Licensing System and Registry (NMLSR) within 90 days after the Superintendent or the NMLSR requests the information in writing (including electronic transmission or fax).

  • An applicant for a mortgage broker’s license must complete a minimum of forty (40) hours of prescribed courses from a Department or Nationwide Mortgage Licensing System and Registry (NMLSR) approved provider of mortgage training.

Related to Nationwide Mortgage Licensing System and Registry (NMLSR

  • Nationwide Mortgage Licensing System and Registry means a mortgage licensing system developed and maintained by the conference of state bank supervisors and the American association of residential mortgage regulators for the licensing and registration of licensed mortgage loan originators.

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