Daily Archives: April 7, 2020

Delaware mandates check seller and money transmitter licensees to use NMLS

InsightsBy APPROVED Licensing April 7, 2020

The Office of the State Bank Commissioner issued a directive that, beginning on April 15, certain MSBs should use the system for applications, renewals, surrenders and amendments.

Freddie Mac issues guidance on business continuity plans, borrower relief

InsightsBy APPROVED Licensing April 7, 2020

Sellers and servicers are expected to maintain and follow business continuity plans during the Covid-19 pandemic. The guidance also summarized the relief that servicers should provide to impacted borrowers.