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#1877781 - 12/11/13 06:41 PM NMLS# on Social Media Sites
Dazed Auditor Offline
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Acceptance, USA America
Does anyone know if Texas law requires a MLO's NMLS# to be posted on social media sites such as LinkedIn? Someone I know attended a Texas Mortgage Banker Association Seminar recently and one of the speakers stated posting the NMLS# in the MLO's LinkedIn profile is required. Does anyone have a citation to back this up?
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#1877959 - 12/12/13 04:27 AM Re: NMLS# on Social Media Sites Dazed Auditor
rlcarey Online
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Never heard of it. If there is a requirement, let me know.

When a sentence starts with: "Someone I know told me something they think they heard at a seminar", I get a little skeptical. smile
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#1878099 - 12/12/13 04:55 PM Re: NMLS# on Social Media Sites Dazed Auditor
Dazed Auditor Offline
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I am skeptical also but it comes from a reliable source. I am researching if further but thought I would check here.
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#1878230 - 12/12/13 08:08 PM Re: NMLS# on Social Media Sites Dazed Auditor
RBanker Offline
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Ask someone at the Texas Mortgage Bankers Association.
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#1878555 - 12/13/13 06:12 PM Re: NMLS# on Social Media Sites Dazed Auditor
Dazed Auditor Offline
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I have and am waiting to hear back.
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#1878617 - 12/13/13 08:25 PM Re: NMLS# on Social Media Sites Dazed Auditor
The OG Zaibatsu Offline
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I reached out to someone at TMBA. They told me that the Savings and Mortgage Lending Department considers Linkedin to be a form of advertising (like business cards) and thus the number is required. Would this apply to registered originator who work for depositories? He does not know.

I doubt that it would, but I (and you) need to read the social media guidance that just came out when we finish reading all the other stuff that came out.

http://www.fdic.gov/news/news/financial/...ovdelivery#cont

Oh, and he'd like to know which seminar and which speaker if possible. Thanks.
Last edited by Zi'-bät-soo'; 12/13/13 08:26 PM.
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#1878763 - 12/15/13 10:34 PM Re: NMLS# on Social Media Sites Dazed Auditor
Dazed Auditor Offline
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I am not sure of the speaker's name but it was the seminar that took place in Dallas in November 2013.
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#1878773 - 12/16/13 12:13 PM Re: NMLS# on Social Media Sites Dazed Auditor
rlcarey Online
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Well, there is nothing in Chapter X, Parts 1007 or 1008 or in Texas State law or in the social media guidance that I can locate.
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#1879327 - 12/17/13 04:25 PM Re: NMLS# on Social Media Sites Dazed Auditor
Ms.Ski Offline
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Check out Chapter 81 of the Texas Admin Code regarding Texas mortgage banking advertising requirements.

http://info.sos.state.tx.us/pls/pub/readtac$ext.TacPage?sl=R&app=9&p_dir=&p_rloc=&p_tloc=&p_ploc=&pg=1&p_tac=&ti=7&pt=4&ch=81&rl=203

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