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.
This means that the bureau will be charged with developing and maintaining a system for registering with the NMLS [ Nationwide Mortgage Licensing System and Registry ] individual mortgage loan originator employees of a depository institution , regardless of the institution 's size ; employees of a subsidiary that is owned and controlled by a ...