âMedical science is changing, more rapidly and more dramatically than ever,â said David Brenner, MD, vice chancellor for health sciences and dean of the School of Medicine. âBut progress also means new and sometimes daunting complexities and challenges.
The NMLS is a database. Thatâs it. It does not change any state mortgage licensing requirements. It does not reduce what states require to obtain a license. It also does not eliminate the requirement to be licensed separately in each state.
The NMLS Federal Registry was created at the direction of federal banking regulators to fulfill the registration requirement of federally chartered or insured institutions and their mortgage loan originators in compliance with the Consumer Financial Protection Bureauâs rules and the Secure and Fair Enforcement for Mortgage Licensing Act (âSAFE Actâ ...