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Author Archives: APPROVED Licensing

Pennsylvania now accepts electronic fingerprints submitted through Fieldprint

InsightsBy APPROVED LicensingOctober 18, 2021

The move away from a state-specific vendor allows the fingerprints submitted through Fieldprint to be leveraged for nearly all NMLS licenses.

Arkansas to adopt electronic surety bonds [nmls.org]

NMLS Agency NewsBy APPROVED LicensingOctober 12, 2021

Learn more about this topic and others in the NMLS Resource Center.

Get highlights from the NMLS ombudsman meeting [nmls.org]

NMLS Agency NewsBy APPROVED LicensingOctober 12, 2021

Learn more about this topic and others in the NMLS Resource Center.

Maryland adds money transmitter self-service financial kiosk to NMLS [nmls.org]

NMLS Agency NewsBy APPROVED LicensingOctober 6, 2021

Learn more about this topic and others in the NMLS Resource Center.

Reminder: Complete annual continuing education for 2021 [nmls.org]

NMLS Agency NewsBy APPROVED LicensingSeptember 27, 2021

Learn more about this topic and others in the NMLS Resource Center.

APPROVED Checkpoint: Disclosure of license information in advertisements

APPROVED Checkpoint, InsightsBy APPROVED LicensingSeptember 22, 2021

When creating advertisements, financial services licensees may not have licensing at top of mind – but they should.

California debt collection license requirement | APPROVED Checkpoint Webcast

California debt collection license requirement [Webcast Archive]

Webcast ArchiveBy APPROVED LicensingSeptember 22, 2021

APPROVED COO Tim Lange and Buckley LLP Partner Katy Ryan teamed up to break down the act’s requirements, specifically discussing who’s covered by the act, exemptions from licensure, and next steps for industry and regulators.

DFPI issues mortgage servicer requirements

InsightsBy APPROVED LicensingSeptember 20, 2021

Mortgage servicers licensed in California must provide information to DFPI describing the actions they are taking to help homeowners avoid foreclosure.

Arkansas securities department to adopt electronic surety bonds [nmls.org]

NMLS Agency NewsBy APPROVED LicensingSeptember 20, 2021

Learn more about this topic and others in the NMLS Resource Center.

NMLS ombudsman meeting: Virtually everything you need to know [nmls.org]

NMLS Agency NewsBy APPROVED LicensingSeptember 20, 2021

Learn more about this topic and others in the NMLS Resource Center.

2022 annual renewal period starts soon [nmls.org]

NMLS Agency NewsBy APPROVED LicensingSeptember 20, 2021

Learn more about this topic and others in the NMLS Resource Center.

CSBS releases Uniform Money Transmission Modernization Act

InsightsBy APPROVED LicensingSeptember 14, 2021

The act is intended to replace 50 sets of state-specific money transmitter laws and rules with a single set of nationwide standards and requirements designed by state and industry experts.

CSBS releases model for the future of payments regulation [nmls.org]

NMLS Agency NewsBy APPROVED LicensingSeptember 13, 2021

Learn more about this topic and others in the NMLS Resource Center.

Get prepared for state license renewal [nmls.org]

NMLS Agency NewsBy APPROVED LicensingSeptember 13, 2021

Learn more about this topic and others in the NMLS Resource Center.

Illinois amends Real Estate Appraisal Licensing Act

InsightsBy APPROVED LicensingSeptember 8, 2021

The amendments create provisions regarding inactive licenses, citations, and illegal discrimination, among other things.

DFPI: Debt collection licensing applications due before Jan. 1

InsightsBy APPROVED LicensingSeptember 8, 2021

On September 1, the California DFPI announced that all debt collectors operating in California can apply to be licensed.

DFPI issues second Debt Collection Licensing Act proposed rulemaking

InsightsBy APPROVED LicensingSeptember 8, 2021

The act requires a person engaging in the business of debt collecting in the state to be licensed and provides for the regulation and oversight of debt collectors by DFPI.

DFPI addresses MTA licensing exemptions

InsightsBy APPROVED LicensingSeptember 1, 2021

Several new opinion letters cover aspects of the California Money Transmission Act related to virtual currency and agent of payee rules.

DFPI’s CFL final regulations take effect Oct. 1

InsightsBy APPROVED LicensingSeptember 1, 2021

The regulations, among other things, amend existing licensing rules to transition all licensees under the CFL to registration through NMLS.

Illinois amends state Human Rights Act

InsightsBy APPROVED LicensingAugust 24, 2021

Changes include provisions regarding third-party loan modification service providers and become effective January 1, 2022.

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