The Nationwide Mortgage Licensing System and Registry (NMLS) Announces Credit Report Processing for Mortgage Loan Originators
By CSBS -

November 2, 2010 – (RealEstateRama) — The Conference of State Bank Supervisors (CSBS) today announced the launch of functionality that enables an individual to authorize a credit report through the Nationwide Mortgage Licensing System and Registry (NMLS). Beginning today, all licensed residential mortgage loan originators participating in NMLS will be required to complete the credit authorization process, regardless of any prior state requirements


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CSBS
http://www.csbs.org/

The Conference of State Bank Supervisors (CSBS) is the nationwide organization for state banking, representing the bank regulators of the 50 states, the District of Columbia, Guam, Puerto Rico and the Virgin Islands, and approximately 6,200 state-chartered financial institutions.

The Conference is responsible for defending state authority to determine banking structure and the products and services state-chartered institutions can offer and for improving the quality of state bank supervision by providing department performance evaluation and accreditation programs and supervisory education/training programs for state banking department personnel.
 
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Bill Matthews
Senior Vice President
Phone: 202/728-5711

1155 Connecticut Ave NW, 5th Floor
Washington, DC 20036-4306

Phone: 202.296.2840
Fax: 202.296.1928

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