State Regulators Seek Industry Input on MLO Licensing Test

State financial service regulators launched a survey of licensed mortgage loan originators yesterday to gather information on various job functions as part of a process to validate the nationwide licensing exam.

State Regulators Seek Industry Input on MLO Licensing Test

State financial service regulators launched a survey of licensed mortgage loan originators yesterday to gather information on various job functions as part of a process to validate the nationwide licensing exam.

MBA Seeks Collaboration with CSBS on Remote Work Flexibility for State Licensees

The Mortgage Bankers Association asked the Conference of State Bank Supervisors to collaborate in addressing the real estate finance industry’s near-term issues related to work-from-home orders, and to build a longer-term framework for remote work capabilities to address future health emergencies, natural disasters and changing attitudes toward telework in today’s economy.

MBA Seeks Collaboration with CSBS on Remote Work Flexibility for State Licensees

The Mortgage Bankers Association asked the Conference of State Bank Supervisors to collaborate in addressing the real estate finance industry’s near-term issues related to work-from-home orders, and to build a longer-term framework for remote work capabilities to address future health emergencies, natural disasters and changing attitudes toward telework in today’s economy.

FHA, CFPB Issue New Guidance on Forbearance

The Federal Housing Administration and the Consumer Financial Protection Bureau yesterday each announced new policies to assist mortgage borrowers impacted by the economic effects of the coronavirus pandemic.

Federal Agencies ‘Will not Criticize’ Coronavirus Loan Mods

Six federal agencies on Sunday issued a joint statement encouraging financial institutions to “work constructively” with borrowers affected by the coronavirus pandemic and said they “will not criticize” loan modifications made in a “safe and sound” manner.

Federal Agencies ‘Will not Criticize’ Coronavirus Loan Mods

Six federal agencies on Sunday issued a joint statement encouraging financial institutions to “work constructively” with borrowers affected by the coronavirus pandemic and said they “will not criticize” loan modifications made in a “safe and sound” manner.

SRR Settles SAFE MLO Test Questions Lawsuit

The Conference of State Bank Supervisors subsidiary that operates the Nationwide Multistate Licensing System announced it settled a lawsuit against four defendants who were alleged to have misused and reproduced copyrighted questions from the national exam that state-licensed mortgage loan originators must pass to obtain a license.

SRR Settles SAFE MLO Test Questions Lawsuit

The Conference of State Bank Supervisors subsidiary that operates the Nationwide Multistate Licensing System announced it settled a lawsuit against four defendants who were alleged to have misused and reproduced copyrighted questions from the national exam that state-licensed mortgage loan originators must pass to obtain a license.

CSBS License Renewal Period Underway; Deadline Dec. 31

The Conference of State Bank Supervisors announced the start of the license renewal period for individuals and businesses that provide mortgage, money transmission, debt collection and consumer financial services to consumers. These individuals and businesses are required to maintain and renew licensure through the Nationwide Multistate Licensing System.