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Financial Services Law Insights and Observations

Missouri Division Of Finance Transitions Mortgage Company Licensing To NMLS

Mortgage Licensing NMLS Licensing

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Recently, the Missouri Division of Finance announced that all mortgage company and branch licenses issued through the Division will transition to the Nationwide Mortgage Licensing System (NMLS). All currently licensed companies must transition their licenses to the NMLS by October 1, 2014, and effective June 2, 2014, new company license applicants must request licensure through the NMLS. The NMLS will host a transition training webinar on June 5, 2014 for all currently licensed mortgage companies.