The commentary to 1026.38(r)-4 requires disclosure of an NMLSR ID number for each person identified in the "contacts table."
The commentary further states that "if the creditor, mortgage broker, or natural person has an NMLSR ID and a separate license number or unique identifier issued by the applicable State, locatility, or other regulatory body with responsibility for licensing and/or registering such entity or person's business activities, both the NLSR ID and the separate license number or unique identifier is disclosed.
I'm perplexed as to what additional license info would need to be obtained from Realtors, settlement agents, Loan Originators. How do we ask for this -- what exactly are we asking for? These entities may have a variety of licenses some of which have nothing to do with mortgage transactions. For example, would a bank need to disclose the bank's FDIC#'s? What if the Loan Originator has a license to sell investments (unlikely, and questionable, I know).
I'm just wondering how much legwork we must go through here and which types of licenses we are looking to disclose. Seems to me only those that relate to mortgage transactions. Thoughts?