Mortgage Lending Licensure
Mortgage Loan Originators
Final SAFE Ruling by HUD - June, 2011
FDIC - Final Rules to Implement SAFE ACT
Federal Register - FFIEC Final SAFE Act for Depository Insttutions - July 28, 2010
MLO Certification for Education and Testing - May 2010 SAFE Act Q&A for CUSO
Mortgage Loan Originator Test Now Available - Feb 22, 2010
Mortgage Loan Originator Testing Requirements - Jan 14, 2010
Important MLO Licensing Information - Dec 18, 2009
MLO Licensure & Broker Compliance
First Lien Mortgage Lending
Legislation passed in the 2008 session of the Indiana General Assembly, IC 24-4.4, First Lien Mortgage Lending, is effective January 1, 2009, and contains regulatory provisions for first lien mortgage lending. The new statute is contained in House Enrolled Act 1359, Section 20.
License applications will be available by November 1, 2008.
Application for the License and the annual renewal will be handled via the Nationwide Mortgage Licensing System.
Click Here for Additional Information on First Lien Mortgages
Subordinate Lien Mortgage Lending
Current loan licensees making subordinate lien mortgage loans will renew that license annually, starting with the 2009 renewal, via the Nationwide Mortgage Licensing System (NMLS). Licensees should create their record in NMLS anytime before November 1, and transition their license to the Subordinate Lien Mortgage Lending license after November 1 and before December 15.
Click Here for Additional Information on Subordinate Lien Mortgages
Nationwide Mortgage Licensing System
NMLS - Nationwide Mortgage Licensing System - On line system
NMLS - Consumer Access - Natiowide Mortgage Licensing System - On line system for Consumers
NLMS Press Release - Indiana DFI Announces its participation in the National Mortgage Licensing System`
