Maintaining Your Company License
Explains the ongoing responsibilities for maintaining your company license in NMLS, including filing amendments when changes occur and meeting periodic reporting requirements.
Maintaining your company license or registration in NMLS requires keeping your record accurate and up to date at all times. When changes occur—such as updates to your company’s legal name, address, control persons, qualifying individuals, or other license-related information—you must file the appropriate amendments through NMLS.
In addition to filing amendments, companies must also meet ongoing reporting requirements. These may include annual or quarterly submissions such as financial statements, the Mortgage Call Report (MCR), the Money Services Business Call Report (MSBCR), or the Uniform Authorized Agent Reporting (UAAR), depending on your license type and business activities.
Maintaining compliance by submitting timely and accurate amendments and required reports helps ensure uninterrupted licensure and demonstrates your company’s adherence to regulatory requirements.