NMLS 2.0 Debut Delayed for One Year

Feb 28, 2018

The Conference of State Bank Supervisors (CSBS) is postponing the launch of its Nationwide Multistate Licensing System (NMLS) 2.0 until the second quarter of 2019.

NMLS was originally scheduled to debut in September, but the CSBS announced the delay due to concerns raised by industry representatives about the timing of the release ahead of the annual renewal season.

"As SRR staff has monitored the progress of NMLS 2.0 development, we determined there were too many risks to being able to confidently deliver a high-quality product by September," said CSBS Senior Vice President Tim Doyle. "As a result, the SRR Board of Managers decided on a new target for the launch of NMLS 2.0, to be sometime in the second quarter of 2019. Over the next few months, SRR will continue working with stakeholders to prepare for a successful transition to NMLS 2.0. In addition, the target launch for the State Examination System will be adjusted based on the new NMLS 2.0 timeline."

About the author

Phil Hall

Link copied

Published

Feb 28, 2018

Industry News

Rocket Pro Launches ‘Moving Squad’ To Recruit Brokers From UWM

Rocket is offering partners up to $10,000 to help bring UWM brokers onto its platform

Editor's note: This article was updated at 6:25 p.m. Sept. 1 to include additional announcements, including the 60-basis-point credits and the three Big Pitch winners.Rocket Pro announced at RPX in Detroit today that it is launching a dedicated team to help recruit mortgage ...

Courts

Rocket Adds New Broker Allegations, Refinance Data To UWM Lawsuit

Amended complaint adds a named broker, new loan-level figures and a claim that damages have climbed to at least $100 million

Rocket Mortgage has sharpened its breach-of-contract lawsuit against United Wholesale Mortgage, adding new allegations that UWM provided brokers with lists of Mr. Cooper-serviced loans to target for refinancing and new data showing thousands of those loans ultimately returne...

Nov

Houston, TX

More from

Regulation and Compliance

Closing Costs: What HUD’s Proposed Rule Will Really Do To The Market

HUD’s proposed rollback of housing protections could deepen barriers for underserved borrowers, shrink the pool of prospective homebuyers, and ultimately cost loan originators business

Opinion

Aug 27, 2026

MISMO Gives Lenders A New Test For Mortgage AI Vendors

Two certifications move the industry’s FRAME initiative from governance guidance toward product-level validation and implementation

Tech

Aug 27, 2026

One Owner, Two GSEs: Would Fannie And Freddie Still Compete?

Oksenholt Capital says shared infrastructure could lower costs without weakening competition, but mortgage bankers have warned that common ownership could reduce lender choice, innovation, and market resilience

Analysis and Data

Aug 27, 2026

MaxClass: Education Meets Lead Generation

CEO Kelly Hendricks details how MaxClass and HomeQB are opening a new referral channel for originators

Regulation and Compliance

Aug 20, 2026

Fannie Mae Returns To Distressed-Loan Market With $214 Million Sale

The agency’s first nonperforming-loan offering in 13 months transfers 969 deeply delinquent mortgages to private buyers, including a small pool concentrated in Dallas-Fort Worth

Analysis and Data

Aug 20, 2026

Brief Refinance Shift Tests Mortgage Lenders’ Compliance Controls

Critical defect rate jumps 23.9% as math-based compliance findings expose the potential for one systemic error to affect loans across a lender’s book

Regulation and Compliance

Aug 20, 2026

Popular