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.

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.