Hawaii adds small dollar installment loans to NMLS Jan. 1 [nmls.org]
Learn more about this topic and others in the NMLS Resource Center.
NMLS annual renewal period ends Dec. 31; reinstatement period begins Jan. 1 [nmls.org]
Learn more about this topic and others in the NMLS Resource Center.
DFPI extends NMLS transition for CFL licensees to March 15, 2022
All California Financing Law licensees not yet on NMLS must establish an account in NMLS and submit their information on or before the new deadline.
Final reminder: Complete annual continuing education for 2021 [nmls.org]
Learn more about this topic and others in the NMLS Resource Center.
Final reminder: NMLS annual renewal ends Dec. 31 [nmls.org]
Learn more about this topic and others in the NMLS Resource Center.
DFPI reminds debt collectors and buyers of Dec. 31 application deadline
Debt collectors that miss the deadline will be required to wait for the issuance of a license before operating in California.
10 things to know: Transitioning CFL licenses to NMLS
The transition process can be time-consuming for California Financing Law licensees, especially those new to NMLS.
Reminder – Early renewal deadlines [nmls.org]
Learn more about this topic and others in the NMLS Resource Center.
Upcoming deadline: Texas regulated lender license renewal
The renewal period is open until Dec. 31 via the ALECS online licensing portal, after which a reinstatement period of 180 days begins.
DFPI proposes additional changes to definitions under Debt Collection Licensing Act
Among other things, the proposed modifications amend the definitions of “branch office” and “debt collector.”
DFPI issues proposed rulemaking under CCFPL
The CCFPL provides DFPI with the authority to require companies that provide financial products and services to California consumers to register with the agency.
Upcoming deadline: Nebraska NMLS license transitions
All current Nebraska collection agency licensees that fail to transition to NMLS by December 31 will need to reapply for a license.
DFPI reminds CFL licensees of December 31 transition deadline
Licensees not currently on NMLS must establish an account in the system and transfer information to DFPI through NMLS on or before the deadline.
Utah amends mortgage practices and licensing rule provisions
Amendments to the Residential Mortgage Practices and Licensing Rules to eliminate unnecessary and redundant licensee expenses for criminal background checks and credit reports.
DFPI addresses several MTA licensing exemptions
The new opinion letters cover aspects of the California Money Transmission Act related to virtual currency and agent of payee rules.
Checkpoint: The NMLS company account creation process
We provide insights into common account creation hurdles that companies face as thousands of California Financing Law licensees are transitioning to NMLS.
Reminder: Complete annual continuing education for 2021 [nmls.org]
Learn more about this topic and others in the NMLS Resource Center.
Arkansas and Connecticut adopt electronic surety bonds
They join a majority of states that require new applicants for certain licenses to submit ESBs in lieu of paper bonds, and require current licensees to convert their paper bonds to ESBs.
West Virginia Division of Financial Institutions renewal submissions [nmls.org]
Learn more about this topic and others in the NMLS Resource Center.
CSBS urges early NMLS licensing renewal
According to CSBS, early renewal is critical due to an increase in the number of licensees eligible for renewal.