The regulatory relief bill enacted in 2018 included a provision to create "temporary authority" for loan officers to continue to originate loans when moving their employment from a company requiring federal registration to one requiring state licensure. This provision of the law will become effective in November. Join a special session to explore what this means for the industry and how the National Mortgage Licensing System (NMLS) will accommodate this new status.
Melissa Koupal, Senior Vice President, Loan Integrity, LoanDepot.com, LLC
Bill Young, Vice President, NMLS Business Services, Conference of State Bank Supervisors
For more information, visit the event website.