Loan Origination Systems: Missing the Right Information Can Lead To Costly Fines!
Mortgage brokers are aware of the necessity to comply with all federal and state laws and regulations. However, the ever-changing…
Mortgage Broker Licensing Requirements for Florida
In Florida, mortgage brokers must have an active license from the state’s Office of Financial Regulation before they can work…
Mortgage Broker Licensing Requirements for Arizona
Arizona is an appealing state with an active real estate market. The state’s diverse landscapes, from the Grand Canyon to…
Mortgage Broker Licensing Requirements for New York
In New York, mortgage broker licensing is required for anyone who wants to originate residential loans in NY. Getting a…
Top 10 States For Lender Licensing in 2024
The goal of this article is to provide valuable insight into the current housing market to assist brokers and lenders…
MLG is Prepared for the Updated MCR (FV6) Standards, Are you?
As an NMLS Mortgage Call Report (MCR) Filer, MLG is responsible for filling on-time, compliant MCRs to state and federal…
The NMLS Celebrates 15 years of Improved State Licensing & Consumer Protection
2023 marks the 15th Anniversary of the NMLS, making it a great opportunity to take a moment to reflect on…
Loan Origination Systems Part 2: Better Data, Better Reporting
How Maintaining Accurate Information Leads to Quality Reporting and Reduced Risk In part one of our two-part series on LOS…
Loan Origination Systems Pt 1 – Garbage in Garbage Out!
Learn How Missing Information Leads to Inaccurate Reporting, Resulting in Audits and Fines… Loan originators and brokers are the bloodline…
7 Economic Trends Impacting the Mortgage Industry for Brokers in 2023
Most of 2022 was dominated by high economic uncertainty, which has made many mortgage brokers nervous when considering what to…
How Market Expansion Can Ensure Continued Growth For Mortgage Companies in a Changing Market
While the real estate market may have skidded to a halt early in 2020, housing sales came rushing back by…
How Regulatory Licensing Service Can Broaden Your Lending Power
In today’s fast-paced mortgage broker industry, many brokers gain a competitive edge by diversifying their offerings across multiple states. And…
New York Mortgage Broker Licensing
As in other states, mortgage brokers must be licensed in the State of New York before they can legally operate….
New Hampshire Mortgage Broker License
Getting a mortgage broker license can be a journey to a rewarding and exciting career. When obtaining a mortgage broker…
A Simple Guide to Getting Your Mortgage Broker License in 2022
With the new year kicking off, many individuals are setting personal and professional goals for 2022. Mortgage brokers will be…
What Happens if Your Mortgage Broker License is Out of Compliance?
Mortgage broker license compliance can get a bit tricky sometimes. There are several federal and state regulatory issues that must…
Stay Compliant with Professional License Maintenance
Maintaining mortgage broker license requirements is difficult. There is a dizzying amount of paperwork and deadlines. And depending upon what…
Florida Mortgage Broker License Requirements
Business is booming in the Florida real estate market. Homes continue to sell as buyers are snatching up everything from…
Texas Bill 3617 Has Passed
For years, many states required a physical presence within the state in order for a person to obtain a mortgage…
Surety Bonds: Mortgage Broker License Requirements
Becoming a licensed mortgage broker includes many steps as well as the fulfillment of multiple state requirements. Some of these…
Mortgage brokers must begin to meet their Continuing Education
With November quickly approaching, mortgage brokers must begin to meet their Continuing Education (CE) requirements and complete their renewal request…
A Quick Guide to Pennsylvania State Requirements on Mortgage Broker Licensing
As in any other state, mortgage brokers wishing to do business in the Commonwealth of Pennsylvania must obtain a state-issued…
How Does Commercial vs Residential Lending Affect Your Mortgage Broker Licensing?
Real estate will always be in demand because people need homes regardless of economic conditions. That is why many people…
Essentials in Obtaining a Mortgage Broker License Texas
In order to work at or operate a mortgage brokerage business in the state of Texas, you must first get…
Best Way to Choose a Mortgage License Education Course Provider
Completing your mortgage broker licensing maintenance requirements and continuing education requirements can be a daunting task, particularly for new entrants…
COVID-19: Education, Testing & Reporting Deadline Changes Due to COVID-19
The coronavirus pandemic (COVID-19) has disrupted many daily professional and personal activities across the nation. For mortgage brokers who are…
Mortgage Broker Licensing: Continuing Education, Why My State of Licensure Matters?
The process of getting and maintaining a mortgage broker license can be a very different experience for many individuals, depending…
Mortgage Broker Licensing: 5 Ways to Ensure Your 2020 License Renewal Goes Quickly
Each mortgage license holder must renew their license between November 1st and December 31st of each year. Your process for…
Revocation of a Mortgage License Explained
Mortgage brokers operate in a heavily-regulated environment and often have to pay close attention to federal and state laws in…
Surety Bonds: What Are They and How Can They Protect You?
Anyone working in the mortgage brokering, lending, or real estate industry is likely to come across the term surety bond,…
Mortgage Broker License California – Quick Guide to obtain your License
The housing market in California provides many opportunities for motivated companies to find their path and achieve success. One of…
Texas Brick and Mortar Program
We’re MLG, and we Make Lending Great by Opening the Door to Texas Markets! Texas is America’s second-biggest economy and…
Temporary Authority 101
In a recent Thought Leader article published by Mortgage Compliance Magazine, our very own VP of Business Development, Nick Graham…
October Newsletter
As licensed mortgage lenders and professionals you should have received these notifications over the last month, here is a recap,…
What is a Surety Bond and Do I Have to Obtain One to be a Licensed Mortgage Broker?
Obtaining your mortgage broker license is often a journey that requires many different steps. One of these steps includes the…
Multistate Mortgage Broker Licensing for Growth Into New Markets
It takes a lot of grit and effort to succeed in the mortgage business. After obtaining your mortgage broker license,…
Newsletter August 2019
If you ask CNBC they would say yes, the Refi market looks to improve. In a CNBC article dated July,…
California Mortgage Loan Originator Licensing – How It Works
In order for Loan Officers in California to legally advise borrowers on available loan programs, discuss rates, suggest a lender…
To DBA or Not To DBA – That is the question
Understanding the opportunities a DBA can provide may help you break out of the pack and become your own business….
Newsletter July 2019
In a time where selfies reign supreme and instant memories can be captured on smart phones, knowing how to properly…
Newsletter June 2019
Working in the mortgage industry includes unique challenges, like maintaining the tradition of family travel vacations. Why does this happen?…
Washington State DFI announces a “Temporary Waiver of Certain Fees”
Washington state consumer loan companies and originators may find it less costly to renew licensing or cover examination fees this…
Loan officers mark your calendars, The SAFE Transitional Licensing rules take effect Nov. 24, 2019
The mortgage industry is abuzz by the House of Representatives passing of H.R. 2121. With rule changes that are greatly…
How to Become a Mortgage Broker – Mortgage License Requirements
Over the years, mortgage broker licensing has evolved with the goal to protect consumers during the mortgage application process. Today,…
Making it Rain! – April 2019 Newsletter
Spring has arrived! Though many of us are still experiencing a bit of a late winter, don’t let the Winter…
Florida – The Sunshine State
Home to some of the country’s best theme parks, Florida is an attraction to many home buyers looking for vacation…
How to Write an Efficient L.O.E. to Regulators
Striving and thriving are what humans do best! We are all human. Although many of us may wish every day…
ACN : Advance Change Notice
Did you know you could potentially lose your mortgage broker license, or mortgage lender license, by improperly changing the address…
Reeling in the Green – March 2019 Newsletter
6 Inspiring Influences to Consider when Integrating Technology into your Mortgage Business More Revenue/ Sales Adding various technology platforms…
Business Plans: The Differences
Owning your own mortgage business is an extraordinary venture. It’s exciting, though it could come with a number of items…
Policy and Procedures: BSA/AML
Every state requires a number of items to piece together the puzzle of a mortgage license. One of these items…
February Newsletter 2019 – 3 Reasons to Sign-up with MLG This Year
Here are 3 reasons to sign up with MLG this year: 1. We have experience in a very…
Get Licensed in a Brick and Mortar State!
Here are some things you should know about the 5 Brick and Mortar States Since 2008, new laws have been…
Newsletter – January 2019 : The Mortgage Licensing Group Evolves!
Out with the Old; in with the New! The Mortgage Licensing Group Eases the Start of 2019 What does the…
Driving into an Arizona Mortgage License
The Copper State Arizona is a hot place; an Arizona mortgage license is an even hotter license. With the property…
Tips and Tricks for 2019 License Renewals
It’s that time of the year again! The days become shorter, the breeze chills the air, and the crowns of…
The Mortgage Licensing Group Named to AARMR Industry Advisory Council
As the only member specializing in licensing on the Industry Advisory Council of the American Association of Residential Mortgage Regulators…
All Aboard! The Uniform State Test
As of August 1, 2018, ALL states and U.S. territories have adopted the Uniform State Test (UST) as a requirement…
Are Your Continuing Education Requirements for Your Mortgage License Up to Date?
No matter the state, if you want to keep your mortgage loan originator (MLO) license current, then you need to…
RMLA Creates Change to Broker Licensing in Ohio
For residential mortgage brokers in Ohio, recent changes to the Mortgage Broker Act (OMBA) have created the Ohio Residential Mortgage…