twitter linkedin
facebook google+
Search:

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from MortgageDaily.com.

Mortgage News Reprints
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.

News Archives
Archive of MortgageDaily.com stories by month going back to 1999.

Press Releases
Reports and announcements from MortgageDaily.com.

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News

 

Mortgage News

HOT Topics

production

servicing

compliance

legal

fraud

secondary

jobs

appraisal

site map

www.loan-academy.com/
Mortgage License News | State Agencies | NMLS Registration Statistics
Mortgage lending licenses and news about license issues by state. Mortgage broker licensing, license revocations and legislation.

www.mortgagebranchmanagerjobs.com
Fewer Firms NMLS-Registered in 2015, LOs Grow

MLO count up 2% last year

March 21, 2016 (updated March 22)

By Mortgage Daily staff



During 2015, the number of home lending companies registered in the Nationwide Mortgage Licensing System contracted even as the number of residential loan originators expanded.

(after the publication of this story, the Conference of State Bank Supervisors provided updated data for federal MLO registrations, state company license holders and dual entities in Q4)

There were 536,804 mortgage loan originators who were registered in the NMLS database as of the fourth-quarter 2015, more than the 531,195 in the system as of the previous quarter.

The total was also up from 524,734 in the fourth-quarter 2014. The year-over-year comparison is more revealing since expiring registrations remain in the system through year end.

Those details and more were included in the 2015 NMLS Mortgage Industry Report released Monday by the Conference of State Bank Supervisors.

The total number of originators included 135,016 who were state-licensed and held a total of 408,542 licenses in multiple states.

Non-bank originators grew from 130,284 three months earlier and 131,725 a year earlier.

The number of licenses in Maine was up 35 percent last year -- more than any other state. Oklahoma's license count was up a third, then 31 percent in Oregon, 30 percent in Ohio and 29 percent in Washington, D.C.

With a less than 1 percent annual decline, Hawaii and Massachusetts were the only states with a net drop last year.

Additionally included the originator total were 407,241 who were in the federal registry and working for a financial institution.

Bank originators numbered 405,738 in the third quarter and 398,716 in the fourth-quarter 2014.

Financial institution originators in Alaska grew by 12 percent -- the biggest year-over-year gain of any state. A 10 percent increase was recorded in the District of Columbia, followed by 9 percent in New Hampshire, 8 percent in North Carolina and 7 percent in Rhode Island.

A nearly 9 percent loss in Delaware was the biggest decline of any state.

The combined fourth-quarter 2015 total was reduced by 5,453 to account for originators who were both state-licensed and federally registered.

There were 26,127 companies that were registered in the NMLS database as of the most-recent period, more than 25,929 three months earlier but fewer than 26,486 a year earlier.

State-licensed companies accounted for 16,005 of the latest total and held 37,856 total licenses.

Non-bank entities increased from 15,837 in the third quarter but were off from 16,022 in the fourth-quarter 2014.

State-licensed companies had 21,182 branches that held 48,391 licenses as of the most-recent period.

Another 10,220 companies were financial institutions included in the federal registry.

Bank and credit union count was up from 10,191 in the previous quarter but down from 10,566 in the year-earlier period.

The fourth-quarter 2015 overall total was reduced by 98 registrations to reflect companies registered both as a financial institution and as a state-licensed entity.

next story

back to current headlines


Mortgage Employment News | Employment Index | Employment Statistics
Job additions, layoffs and employment lawsuits. Employment data from the Department of Labor, state tracking, reports and analysis. Job finding tips.


Credit Union news


Bank news


Mortgage Branch News | Net Branch | Mortgage Branch Directory
Coverage of new and existing net branch operations. Programs, payouts and other details. Profiles of brokers and net branch lawsuits.


Logout forgot
password?

SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter

MBS

mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders