2.59.705    ADOPTION OF STANDARDIZED FORMS AND PROCEDURES OF THE NMLS

(1) The NMLS Policy Guidebook dated September 27, 2021, is adopted by reference and available on the NMLS website at mortgage.nationwidelicensingsystem.org/slr/common/policy/Pages/default.aspx.  

(2) Except as provided in ARM 2.59.707, the NMLS deadlines, policies, procedures, and processes for all licensing-related actions, changes, and reports are adopted and available at mortgage.nationwidelicensingsystem.org/.

(3) Members of the public can look up the current license status, license number, states of licensure, contact information, and regulatory history of any escrow business licensee at nmls.consumeraccess.org. If an entity is not listed on NMLS consumer access, it does not hold an escrow business license issued by the department.

(4) All applicants for an escrow business license shall use the NMLS-approved forms and checklists for all licensing-related activities, including but not limited to initial applications, renewals, amendments, surrenders, and reports.

History: 32-7-108, 32-7-112, MCA; IMP, 32-7-109, 32-7-112, MCA; NEW, 2015 MAR p. 368, Eff. 10/10/14; AMD, 2016 MAR p. 2410, Eff. 12/24/16; AMD, 2018 MAR p. 822, Eff. 4/28/18; AMD, 2022 MAR p. 228, Eff. 2/12/22.