Yep - Compliance is always late to these discussions. However, I am still not clear if we do not convert systems at the same time as we close the deal, when do we do all of this? In other words, the institution we acquired continued to do business as usual until this year because we could not convert systems until now. Also, I checked their MLOs and those that have come over in MLO positions have updated their "represents" section, but what about those that were MLOs at the old institution and are not now? Is it enough to just have their "represents" section say "None" and they maintain their MLO #? Are we obligated to make sure they are trained? I would assume we don't put them on our list of MLOs because they are not acting as a MLO. Thanks for your guidance, as always.
It's not that I take life for granted. It's only that the good won't make it. Innocence dies, while Villany Thrives.