For newer entrants to the mortgage industry it might be helpful to clarify the NMLS is not a state regulator. They do not make or pass mortgage laws. Congress and the state legislatures do. The NMLS peforms the role of aggregator of mortgage participants information, for the purpose of then streamlining that data to each state regulator. They were a creation of the SAFE Act as a mechanism to track and manage companies and individuals. …
The National Association of Mortgage Professionals recently announced its newest offering! NAMB will offer members discounts on NMLS Pre-licensing education. The 20-hour NMLS approved PE course is online, on demand. Start and Watch Anytime! NMLS Approved Course ID#7366
A majority of the students appreciated hearing some new content from a peer who was experiencing the same issues as them and in the same business environment.