It’s that time of year again…the National Multistate Licensing System and Registry’s (NMLS) 2019 renewal period begins November 1 and continues through December 31. All Mortgage Loan Originators (MLOs), as defined in Regulation G, 12 CFR 1007, who are registered with the Registry are required to complete the annual registration renewal.
One exception to the renewal requirement is for MLOs who completed their registration with the Registry less than 6 months prior to the end of the annual renewal period which is December 31, 2018. For example, if an MLO was registered on or before June 30, 2018, they must renew their registration during the 2019 renewal period; however, if the MLO was registered on or after July 1, 2018, renewal is not required during the 2019 renewal period.
Information regarding the NMLS registration renewal process is available here.