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COVID-19 Pandemic Prompts NJ to Extend Mortgage Servicer Application and Registration Deadlines

Author
admin
Date
2020-06-03 04:49
Views
853
The New Jersey Commissioner of the Department of Banking and Insurance recently issued Bulletin No. 20-18, extending the submission deadline for the state’s mortgage servicer license application and New Jersey Residential Mortgage Lending Act (RMLA)-licensed mortgage servicer registration to June 12, 2020, due to the impact of the COVID-19 pandemic.

The New Jersey Mortgage Servicers Licensing Act generally requires non-exempt residential mortgage loan servicers that are not already licensed as residential mortgage lenders to become licensed by the Department.  Meanwhile, entities that are already licensed as residential mortgage lenders or correspondent residential mortgage lenders pursuant to the New Jersey RMLA are required by the Department to register with the Department in order to conduct mortgage servicing business in the state.  The original application and registration deadline was April 13, 2020.

WBK’s article on the original application and registration requirements bulletin, as well as related NMLS checklists, can be found here.

 

https://www.jdsupra.com/legalnews/covid-19-pandemic-prompts-nj-to-extend-80291/
Total 85
Number Title Author Date Votes Views
40
주택시장 가격이 하락해도 돈을 버는 미국 '모기지 서비스' 비즈니스 [출처] 주택시장 가격이 하락해도 돈을 버는 미국 '모기지 서비스' 비즈니스|작성자 랑팡
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39
COVID-19 Pandemic Prompts NJ to Extend Mortgage Servicer Application and Registration Deadlines
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36
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35
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34
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33
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32
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31
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admin 2020.02.03 0 994
30
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admin 2020.02.01 0 1059
29
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admin 2020.01.03 0 1017
28
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admin 2019.12.31 0 955
27
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admin 2019.11.23 0 997
26
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