NAMB—The Association of Mortgage Professionals wanted to remind the nation’s mortgage professionals that the deadline of April 29, 2016 is quickly approaching for Subject Matter Experts (SME) to submit their desire to work on the Nationwide NMLS Exam.
The Exam was started years ago as a licensing requirement of the SAFE Act. The Exam must undergo changes as the mortgage industry undergoes changes. For example, when the SAFE Act was passed and the initial exam written, there was no TRID rule. The Exam was reviewed and updated, and now it is time to update it again.
The SMEs will be selected with assistance by the Conference of State Bank Supervisors (CSBS) and the State Regulatory Registry LLC (SRR) in a recruiting process for subject matter experts to serve on SSR National Test Maintenance Committees.
“Some of the best Subject Matter Experts in the field of residential mortgages are members of NAMB, and I encourage our members to apply for this important opportunity,” said Rocke Andrews, president of NAMB.
NAMB also noted that there are time commitments and experience requirements. Selected SMEs will be initially trained and asked to write proposed test questions for the National Exam. The training sessions are several hours in duration, as well as ongoing and additional training sessions as materials are amended. Attendance is required at all training meetings. Committee meetings are scheduled to begin quarterly, beginning in June, again in September and finally in January 2017. SMEs should have a minimum of three years of experience in the residential mortgage lending arena and be considered an expert.
To be considered and nominated, please fill out the application found online at 2016smesurvey.questionpro.com. For more information, please contact Benjamin Hunter, Senior Manager of Test Development and Maintenance with the Conference of State Bank Supervisors and State Regulatory Registry LLC at [email protected].
