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.
NMLS was created by the Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR)1 and began operations in January 2008. It is owned and operated by the State Regulatory Registry LLC (SRR)2, a wholly owned subsidiary of CSBS.