If your company is licensed/registered in a state through NMLS, either you or your company can complete your first application form (Form MU4) in NMLS. The entity who creates the first Form MU4 will be the entity required to pay when it is submitted to the regulator(s).
Laws restrict the information that can be released for employment verification. According to the University of Washington's Payroll Office, the Privacy Act restricts employers to only releasing dates of employment, job title, department, full- or part- time status and verification of a salary amount if given..
You must: 1  Tell the applicant or employee that you might use information in their consumer report for decisions related to their employment. 2  Get written permission from the applicant or employee. 3  Certify compliance to the company from which you are getting the applicant or employee's information.