The secondary market agencies have put out a clarification to the UAD 3.6 adoption timeline, which ends any confusion about when the standard goes into effect. Processing Content Mandatory use for UAD 3.6 remains starting Nov. 2. But a wording change makes it clear it applies to new appraisals being put into the Uniform Data […]
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The Nationwide Multistate Licensing System received an update last month to better reflect a policy change and address pain points. Processing Content NMLS, which provides services to 600,000 users across the financial services industry, made changes to disclosure questions and the employment history reporting process on April 18, the Conference of State Bank Supervisors announced
NMLS address policy change and pain points with changes Read More »
The chairman of the Federal Trade Commission sent a warning letter Friday to national mortgage services provider Mortgage Connect over employee contracts. Processing Content Andrew Ferguson, who has served as the agency’s commissioner since April 2024, urged the company to review its employment contracts, including any noncompete agreements or other restrictive covenants, to ensure they
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