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#2167590 - 03/12/18 01:09 PM MLO Left Company
FL Compl Officer Offline
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Joined: Jul 2015
Posts: 20
FL
I see several posts on this topic but cannot find a direct answer. If a MLO leaves a company prior to closing and their NMLS # is printed on the note, final 1003, etc. what are the ramifications? I see where some say they have had to repurchase loans sold to investors because of this. Should the lender issue revised documents just to correct the nmls #? Thank you!

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#2167591 - 03/12/18 01:19 PM Re: MLO Left Company FL Compl Officer
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 83,364
Galveston, TX
If you are selling into the secondary market, you would have to ask your specific investor that question.
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