NMLS

How Wall Street Tracks MBS Down To Loan Level

Part of the Dodd Frank regulation package was the Nationwide Mortgage Licensing System and Registry (NMLS), which requires mortgage loan agents to pass exams, background checks, complete annual continuing education, and disclose basically everything about themselves in the same way securities and other financial professionals do. Same goes for mortgage firms. This was effective last

How Wall Street Tracks MBS Down To Loan Level

Part of the Dodd Frank regulation package was the Nationwide Mortgage Licensing System and Registry (NMLS), which requires mortgage loan agents to pass exams, background checks, complete annual continuing education, and disclose basically everything about themselves in the same way securities and other financial professionals do. Same goes for mortgage firms. This was effective last