By: Lenders Compliance Group
Dated: January 26, 2011
The NMLS Users Forum is for users of the Nationwide Mortgage Licensing System Registry (NMLS). Membership is free. It provides a “discussion space” to better understand and effectively use the NMLS licensing and registration platform.
Jonathan Foxx, President and Managing Director of Lenders Compliance Group, has formed the NMLS Users Forum on LinkedIn. The new forum was activated on January 25, 2011.
Invitations have been sent to industry participants. Membership is free, open to all, and is an Open Group - which will allow discussion visibility, indexing by search engines, and sharing to Twitter and Facebook.
"My firm handles all the administrative functions involved in NMLS licensing for many mortgage originator entities and mortgage loan originators, and I have found that there is a need for greater familiarity with NMLS use and preparedness," said Mr. Foxx, adding "and that is why I formed the NMLS Users Forum, specifically to expand the knowledgebase of NMLS users and enable them to be more effective."
The NMLS Users Forum is for users of the Nationwide Mortgage Licensing System Registry (NMLS). NMLS streamlines the licensing process for both regulatory agencies and the mortgage industry by providing a centralized and standardized system for mortgage licensing of mortgage loan originators and certain financial institutions. It is the official and sole system for companies and individuals seeking to apply for, amend, renew and surrender licenses managed in the NMLS on behalf of the jurisdiction’s governmental agencies. The NMLS Unique Identifier is a required disclosure in all participating states, DC, and US Territories.
The NMLS Users Forum is not associated or affiliated with the Nationwide Mortgage Licensing System Registry or its creators, the Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR). It is a completely independent forum and has been created for NMLS users to share their NMLS experiences.
According to Mr. Foxx, the NMLS Users Forum on LinkedIn has been created "to empower, educate, and provide a space to discuss and share the NMLS licensing and registration experience," while also finding answers to important questions.
In his notification to prospective members, Mr. Foxx stated: "If you license or register through NMLS, this forum is for you! The NMLS Users Forum will enable NMLS Users to exchange views, news, expertise, and updates" "members can provide comments and offer their solutions to other NMLS users!"
Mr. Foxx stated that the goal of the NMLS Users Forum is to provide a "discussion space" that will allow users of the NMLS to better understand and effectively use the Nationwide Mortgage Licensing System Registry.
LENDERS COMPLIANCE GROUP, INC. is the first and only full service, mortgage risk management firm in the country that specializes exclusively in residential mortgage compliance. The firm provides risk management outsourcing to the mortgage industry, offering a full suite of hands-on and automated services in residential mortgage banking.
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Email: Jonathan Foxx
Phone: 516-442-3456 x 100
Fax: 516-706-7070
Address: 167 West Hudson Street - Suite 200
City/Town: Long Beach
State/Province: New York
Zip: 11561
Country: United States
Phone: 516-442-3456 x 100
Fax: 516-706-7070
Address: 167 West Hudson Street - Suite 200
City/Town: Long Beach
State/Province: New York
Zip: 11561
Country: United States
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