New Fax Number for Call Center
Effective Monday, October 16, 2017, the NMLS Call Center has a new fax number for receiving documentation for escalated cases. The new fax number is (202) 888-3284. If you need to send documentation to the Call Center via fax please use this new number to make sure your issue is addressed.
If you have any questions, please contact the NMLS Call Center at 1-855-NMLS-123 (1-855-665-7123).
System Maintenance October 14
As a part of the October 2017 NMLS Release, NMLS will undergo system maintenance on Saturday, October 14. NMLS and Consumer Access will be unavailable from 6:30 a.m. ET to 11:00 a.m. ET.
NMLS Release 2017.3.1 Targeted for October 16, 2017
NMLS Maintenance Release 2017.3.1 is targeted for October 16, 2017. The release contains several system maintenance upgrades which can be reviewed in the NMLS October Maintenance Release Notes.
Resource Center Upgrade
CSBS recently upgraded our NMLS Resource Center, Federal Registry, NMLS Help Links, and URL Manager sites. As part of the upgrade, we strengthened our security posture by expanding the use of https across the sites. As a result, depending on your browser configuration, you may need to hold the CTRL button on your keyboard while clicking a link. This will open the page in a new tab within your browser.
If you continue to have issues, please contact the NMLS Call Center at 1-855-NMLS-123 (1-855-665-7123).
Illinois Adopts Uniform Authorized Agent Reporting (UAAR)
Oregon to Add Mortgage Servicer License and Debt Buyer License to NMLS November 1, 2017
Starting November 1st, 2017, NMLS will begin accepting new application filings for the Oregon Division of Financial Regulation (OR) Mortgage Servicer License and the Debt Buyer License. The checklists for these license types will be available soon.
Also starting November 1, 2017, OR will begin receiving new Electronic Surety Bonds (ESB) through NMLS for the Mortgage Servicer License. See the ESB Adoption Map and Table
for a list of state agencies who have also adopted ESB.
Ohio to Add Consumer Installment Loan Act License to NMLS January 1, 2018
On January 1, 2018, the Ohio Department of Commerce - Division of Financial Institutions will begin accepting new application filings via the NMLS for licenses to operate under the newly enacted Ohio Consumer Installment Loan Act ("CILA"). The State Licensing Requirements Checklists for CILA licenses will also become available on January 1, 2018.
The Division recommends that all companies currently registered under the Ohio Mortgage Loan Act ("OMLA") consider renewing existing registrations before January 1, 2018, regardless of whether the company plans to transition business operations to a CILA license at some point in the future. The provisions of Ohio Revised Code § 119.06 permit a licensed business or individual to operate after filing a complete and timely renewal application, even if the Division has not yet processed the renewal. The same is not true of a new application under a new license type. Companies should plan accordingly to maintain continued lawful operation under Ohio's Consumer Lending Statutes.
Note that the end-of-year renewal period generates a very large volume of new and renewal applications for the Division's review, processing, and issuance. The increased volume leads to longer processing times for applications and longer response times for questions.
IA to Require Transition to NMLS for Consumer Finance, Debt and Money Service Business Licenses
Starting October 1, 2017, companies holding the following Iowa Division of Banking (IA) licenses will be required to submit a license transition request through NMLS by December 1st, 2017. The transition to NMLS will serve as the license renewal for 2018.
- Delayed Deposit Services Business Registration
- Delayed Deposit Services Business Branch License
- Debt Management License
- Money Services License
Note: Companies holding these license types are required to submit a license transition request through NMLS by filing a Company Form (MU1) and an Individual Form (MU2) for each of their control persons by December 1st, 2017. Additionally, for each branch holding the Delayed Deposit Services Business Branch License, companies are required to complete and submit a Branch Form (MU3). Click here for more information.