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For Mortgage Servicers, COVID-19 Crisis Has Made Investor Reporting Even More Complex

BLOG VIEW: 2020 was a year of profound changes for everyone, mortgage professionals included. Many borrowers and mortgage servicers have felt the impact of COVID-19 and natural disasters. Federal programs that protect homeowners from foreclosure have complicated mortgage servicing, including investor reporting. Since COVID-19 hit, servicers have had to adjust their processes to account for millions of loans entering forbearance …

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NMLS Annual Renewal Period Ends December 31

BLOG VIEW: In order to continue operating in 2021, mortgage companies, money services businesses, and debt and consumer finances companies must renew their license through the Nationwide Multistate Licensing System & Registry (NMLS) by December 31. Given that the renewal process takes some time, it’s best to get started early, so that you can meet all the renewal requirements. Moreover, …

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