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#1512508 - 02/18/11 11:13 PM Simple steps to completion?
Always In Training Offline
Diamond Poster
Joined: Jul 2006
Posts: 1,115
Where the Green Grass Grows
Okay, step 1: Institution starts the ball, fills out a request.

Step 2: Institution submits MU1R

Step 3 - Complete MU4R forms

Step 4 - Have forms attested and submit to registry

Step 5 - Have MLOs fingerprinted

Step 6 - Institution reviews CBCs?

Then what?

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#1514195 - 02/24/11 05:47 PM Re: Simple steps to completion? Always In Training
Compliance4521 Offline
Platinum Poster
Compliance4521
Joined: Jan 2007
Posts: 533
Washington
If you go to step 6? or 8? in the "getting started" for financial institutions you will see a document that walks you through the process. There is even a flow chart that is a good resource. We have been working with two MLOs in the process and documenting all steps along the way. This is helping is tremendously.

Lori

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#1514469 - 02/24/11 10:50 PM Re: Simple steps to completion? Compliance4521
Always In Training Offline
Diamond Poster
Joined: Jul 2006
Posts: 1,115
Where the Green Grass Grows
I've got the getting started. But it ends with Step 12 -- "Confirm employment and complete the Federal Registration process"

I was curious as to what "complete the Federal Registration process" ACTUALLY meant.

So my simple steps what happens next is:
Step 7: Institution confirms or Rejects Employment of MLO after CBC comes back.

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