Arkansas securities department to adopt electronic surety bonds [nmls.org]
Learn more about this topic and others in the NMLS Resource Center.
Learn more about this topic and others in the NMLS Resource Center.
Learn more about this topic and others in the NMLS Resource Center.
Learn more about this topic and others in the NMLS Resource Center.
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.
Learn more about this topic and others in the NMLS Resource Center.
Learn more about this topic and others in the NMLS Resource Center.
The amendments create provisions regarding inactive licenses, citations, and illegal discrimination, among other things.
On September 1, the California DFPI announced that all debt collectors operating in California can apply to be licensed.
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.
Several new opinion letters cover aspects of the California Money Transmission Act related to virtual currency and agent of payee rules.
The regulations, among other things, amend existing licensing rules to transition all licensees under the CFL to registration through NMLS.
Changes include provisions regarding third-party loan modification service providers and become effective January 1, 2022.
We were joined by Winnow Solutions to discuss the current regulatory climate for examinations and how the right combination of strategy and technology can improve the process.
The agreement reflects DFPI’s decision to “treat these private financing products as student loans” for purposes of the California Student Loan Servicing Act (SLSA).
The Pilot Program for Increased Access to Responsible Small Dollar Loans is administered by DFPI and established under the California Financing Law.
Learn more about this topic and others in the NMLS Resource Center.
The panel discussion on Tuesday, Sept. 14 is part of the Mortgage Bankers Association’s Regulatory Compliance Conference 2021 in Washington, D.C.
Licensees on NMLS are no longer required to mail certain original application documents (e.g., lease agreement, office photos) to the Nevada Department of Business and Industry.
Among other things, the new legislation requires persons servicing student loans to obtain a license from the Oregon Department of Consumer and Business Services.