Our lenders are being featured on social media with a basic picture of themselves and what branch they operate from. The marketing department listed the lender's NMLS ID # in the promo ad which the Act doesn't prohibit: [i]MLO unique identifiers may be used on written materials or promo...
The NMLS has posted an alert concerning an active phishing campaign impersonating NMLS. Emails originating from unauthorized domains include links to fraudulent website designed to capture user credentials while mimicking NMLS branding.
The NMLS Federal Registry News includes a notice that the NMLS has implemented an updated process for requesting Account Administrator changes for both state-licensed companies and federally regulated institutions. The forms are now available on the NMLS Call Center page on the Resource Center.
SAFE Act Social Media and Ad Disclosures 10/29/2023 Posts on the bank's social media (Facebook) that mention "our residential lending team" but include no mention of rates, terms, etc., do we need to include our NMLS number and EHL logos? Updating Inactive NMLS 12/11/2022 Does an "inactive" NMLS record need to be maintained and updated?
Reading through the requirements I cant find where the NMLS# HAS to be on the business cards or emails. I see where it has to be included with any written communication. Can anyone give me a reference where to find the exact requirements of where all it needs to be?
I am conducting an audit relating to the FACT Act. I have found two originators using different names on the loan documents than the actual name on the NMLS registry. For instance the NMLS registry shows the name as William A. James and the loan documents shows Bill James. Should I show t...