On the first day of renewals the NMLS brought to me, system issues and lock outs. Yes, the 2021 Renewal season brought no holiday joy to either regulator or industry users. The first twelve days did present challenges with...more
As 2021 runs in search of what’s new, we realize that the pandemic disruption has continued through 2021. The NMLS Ombudsman Meeting was held virtually and the upcoming American Association of Residential Mortgage Regulators...more
12/6/2021
/ Banking Sector ,
Banks ,
Borrowers ,
Complaint Procedures ,
Consumer Lenders ,
Customer Service Standard ,
Disclosure ,
Financial Institutions ,
Licenses ,
Mortgage Lenders ,
Mortgage Servicers ,
Mortgages ,
Regulatory Oversight ,
Supervision
As regulatory agencies provide guidance regarding working from home for financial services professionals while the COVID-19 outbreak progresses, we summarized the additional guidance issued in the recent past and current as...more
The Ohio Division of Financial Institutions (DFI) recently provided the much-needed updates to the recent legislation that expanded the registration requirements under the Ohio Residential Mortgage Lending Act (RMLA). The...more