SPECIAL NMLS MESSAGE
Texas Loan originator
Course
The Texas
Department of Savings
and Mortgage Lending
(TDSML) transition to
the Nationwide
Mortgage Licensing
System (NMLS) begins
on April 2, 2010. The
following groups will
have in between April
2 through May 31, 2010
to submit and complete
a Form MU4 (Mortgage
Universal 40) through
the NMLS.
- Mortgage Banker
Company
(Non-Depository
Company)
- Financial Services
Company (Primerica
DFinancial Services,
State Farm Insurance)
- Credit Union
Subsidiary
- Auxilliary
Mortgage Loan Activity
( HUD Counselors, Non
profit organizations
like NACA & ACORN).
Texas Loan
Originator Courses
Loan
Officer/Loan Processor
Licesne Requirements:
- Licensee must
complete 20 hours of
National Mortgage
License System
Approved SAFE
Education.
-
20 hours in Mortgage
Loan Originators SAFE
Comprehensive