Compliance Question of the Week

When is a share certificate presumed abandoned?

Compliance Question of the Week

When is a certificate of deposit presumed abandoned?

Strategic Link Question of the Week

We recently concluded another employee benefits renewal. Each year this process seems to be more challenging—we pay substantially more to get less, administration requirements have quadrupled under Health Care Reform, and the entire process is under tight time constraints. How are other companies successfully maintaining a competitive benefits package and managing compliance as well?

Reminder: NMLS Annual Renewal Period Ends Dec. 31

The SAFE Act requires residential mortgage loan originators who are employed by agency-regulated institutions to register with the Nationwide Mortgage Licensing System and Registry. The annual renewal period runs through the end of the year.

Compliance Question of the Week

Can a credit union send a member a credit card even though it has not been requested by the member?

Mortgage Loan Officer Renewal Issue Resolved

The National Mortgage Licensing System has resolved the issue of some Mortgage Loan Originators’ status showing as exempt, when they should have been eligible for renewal. The status for all Mortgage Loan Officers is now correct.

Think You Are Safe With Regard to the SAFE Registry? Think Again.

The Nationwide Mortgage Licensing System (NMLS) and Registry, the registry for mortgage loan originators, has warned users that its renew status report contains errors.

Reminder: NMLS Annual Renewal Period Ends Dec. 31

The SAFE Act requires residential mortgage loan originators who are employed by agency-regulated institutions to register with the Nationwide Mortgage Licensing System and Registry. The annual renewal period runs through the end of the year.