Tag Archives: Conference of State Bank Supervisors

Mortgage originator fined $31K, loses license in 19 states

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The settlement resolves allegations that someone else took pre-licensing and continuing education courses that Colorado-based loan officer claimed credit for. Continue reading →

Regulators modernizing giant database of mortgage pros

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Launched in the midst of the 2008 financial crisis to weed out bad actors, the Nationwide Multistate Licensing System & Registry (NMLS) is scheduled to be updated this weekend as part of a long-term modernization project. Continue reading →

ACI paying another $20M to settle mortgage payments debacle

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In settling with state regulators, the Miami-based electronic payment processor is looking to close the books on a 2021 test that triggered $2.3 billion in erroneous mortgage payments. Continue reading →