twitter linkedin
facebook google+

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to 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

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

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

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

Press Releases
Reports and announcements from

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









site map
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.
NMLS Registrations Climb in Final Quarter of 2013

529,127 originators registered

May 13, 2014

By Mortgage Daily staff

During the final three months of 2013, the number of state-licensed and federally registered loan originators ascended. But a decline is likely to follow.

The real estate finance industry finished last year with 529,127 mortgage loan originators who were registered through the Nationwide Mortgage Licensing System.

Loan originator count increased from the third quarter of last year, when 525,207 originators were registered with the NMLS.

The data was reported by the Conference of State Bank Supervisors.

As of the end of 2012, NMLS registrations totaled 513,898.

Since registrations remain active through the end of the year even when originators leave the business at some earlier point in the year, the numbers increase each quarter within a given year.

But if mortgage employment numbers are any indication, the upcoming first-quarter 2014 report could show a sharp decline as registrations expire.

Included in the Dec. 31, 2013, total were 130,260 originators who maintained 331,293 state licenses and 404,423 financial institution originators in the federal registry.

The combined total was reduced by 5,556 to reflect originators who maintained both a state license and a federal NMLS registration.

State registrations in both North Dakota and South Dakota more than doubled last year.

Alabama revoked the licenses of 15 originators, and four Illinois licenses were revoked.

The report indicated that 16,145 companies maintained 34,994 state licenses as of Dec. 31, 2013.

There were also 19,881 company branches that maintained 38,520 state licenses.

In Illinois, 17 company licenses were revoked during the final three months of last year, while that number was four in Virginia. New Jersey suspended the licenses of five companies.

NMLS had 10,845 financial institutions registered as of the most recent date, including 108 that also maintained state registrations.

A majority of loan originators in the federal registry -- 227,037 -- were employed by 1,713 banks regulated by the Office of the Comptroller of the Currency. Another 81,544 were employed by 4,163 Federal Deposit Insurance Corp.-regulated banks, and the Federal Reserve Board supervised 808 banks that employed 43,753 originators.

In addition, 51,403 registered originators were employed by 4,098 National Credit Union Administration-regulated institutions, and 1,686 worked for 63 institutions regulated by the Farm Credit Administration.

next story

back to current headlines

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

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


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