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#1994097 - 02/06/15 03:30 PM MLO leaves bank, MLO returns
JWills, CRCM Offline
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JWills, CRCM
Joined: May 2013
Posts: 1,781
The Mitten State
I have a situation where a registerer MLO left our employment the end of Nov, 2014. They did not get 'renewed'. Now, not even 8 weeks later, said employee is rehired. Do they need to do the entire process again, CBC, etc. I have not had this situation before. Any help would be appreciated.
Thanks!
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Nonsense wakes up the brain cells.

--Dr. Seuss

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#1994246 - 02/06/15 07:21 PM Re: MLO leaves bank, MLO returns JWills, CRCM
JWills, CRCM Offline
Diamond Poster
JWills, CRCM
Joined: May 2013
Posts: 1,781
The Mitten State
any ideas?
_________________________
Nonsense wakes up the brain cells.

--Dr. Seuss

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#1994255 - 02/06/15 07:28 PM Re: MLO leaves bank, MLO returns JWills, CRCM
Dani York, CRCM Offline
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Dani York, CRCM
Joined: Apr 2005
Posts: 3,663
TN
I think the best bet would be to call NMLS and ask how to handle. I don't know if they can process a "late renewal" where you would just document the termination and rehire dates, or if you would have to restart from the beginning. My question would be what happened to their number when they didn't renew?
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#1994261 - 02/06/15 07:37 PM Re: MLO leaves bank, MLO returns JWills, CRCM
JWills, CRCM Offline
Diamond Poster
JWills, CRCM
Joined: May 2013
Posts: 1,781
The Mitten State
Their number stays with them. It just was not linked to here any longer.
Thanks Dani!
_________________________
Nonsense wakes up the brain cells.

--Dr. Seuss

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