Tim Lange discusses “Navigating the Future of Work”
The Sept. 28 webinar is hosted by the California Mortgage Bankers Association’s Mortgage Quality and Compliance Committee.
Registration Open for the 2024 NMLS Annual Conference [nmls.org]
Learn more about this topic and others in the NMLS Resource Center.
Upcoming webinar: Renewal season — Here we go again (again)!
Please join us on Tuesday, Oct. 3 for a casual roundtable where we will share some renewal updates for your financial services licenses.
NMLS Posts Renewal Prep Tips [nmls.org]
Learn more about this topic and others in the NMLS Resource Center.
NMLS Ombudsman Agenda Posted [nmls.org]
Learn more about this topic and others in the NMLS Resource Center.
NMLS Policy Guidebook Updates [nmls.org]
Learn more about this topic and others in the NMLS Resource Center.
MLO Continuing Education (CE) Reminder [nmls.org]
Learn more about this topic and others in the NMLS Resource Center.
Oregon enacts registration requirements for data brokers
Under new rules, a “data broker” cannot collect, sell or license brokered personal data within Oregon unless registered with the Department of Consumer and Business Services.
Wisconsin Adds Sales Finance Company License to NMLS [nmls.org]
Learn more about this topic and others in the NMLS Resource Center.
Kentucky to Add Student Loan Licenses to NMLS on 8/1 [nmls.org]
Learn more about this topic and others in the NMLS Resource Center.
Wisconsin to Transition Sales Finance Licenses to NMLS Starting 8/1 [nmls.org]
Learn more about this topic and others in the NMLS Resource Center.
Hawaii amends money transmitter provisions
The amendments outline numerous licensing application and renewal procedures, including several requirements set forth in the Money Transmission Modernization Act.
Nevada requires licenses for EWA providers
The licensing requirements apply to both “employer-integrated” and “direct-to-consumer” earned wage access products and services.
Connecticut amends requirements for small lenders
Among other things, the changes include new licensing provisions that require more people to obtain small loan licenses.
Illinois amends mortgage licensing provisions
Licensees must register physical offices where they conduct business with the Secretary of Financial and Professional Regulation. However, they are allowed to permit MLOs to work remotely if certain conditions are fulfilled.
NYDFS publishes new proposal on cybersecurity regs
The updated proposed second amendment to the state’s cybersecurity regulation (23 NYCRR 500) reflects revisions made in response to comments received on proposed expanded amendments published last November.
Nevada expands collection agency licensing requirements
While existing law requires collection agencies to be licensed, the amendments expand the type of activities that trigger collection agency licensure.
Nevada to regulate student loan servicers and lenders
Among other things, subject to certain exemptions, persons servicing student loans will be required to obtain a license from the Commissioner of Financial Institutions.
Rhode Island enacts provisions for real estate appraisal
The changes amend the Real Estate Appraiser Certification Act and the Real Estate Appraisal Management Company Registration Act.
Maryland says crypto enforcement could affect money transmitters
enforcement actions by Maryland and federal securities enforcement agencies against cryptocurrency-related businesses that could potentially impact businesses pursuing money transmitter licensure.