NMLS has enhanced the login process to include single login access for users with multiple accounts.
Users should update credentials and consolidate accounts to ensure a seamless renewal process and improve the user experience.
Key Takeaways
- The change goes beyond company accounts and control individuals: The new login process also impacts mortgage loan originators, branch managers, qualified individuals and anyone with access to NMLS. Ensure your team completes the new login process.
- Account recovery: The new process requires users to provide an account recovery email. We recommend using a personal email address so you can access your NMLS account even if your employment changes. Users can provide a backup recovery email or phone number.
APPROVED can help
Need assistance understanding compliance requirements, coordinating license renewals or managing unexpected challenges during the renewal process? Contact APPROVED. Our team of licensing professionals, supported by Mogy, our proprietary licensing regtech solution, is available and ready to assist with your renewal and licensing-related needs.