New LO with NMLS# - previously a mortgage broker

Posted By: SouthoftheBorder

New LO with NMLS# - previously a mortgage broker - 11/09/12 05:40 PM

We just hired a new mortgage LO who previously worked as a mortgage broker. She has an NMLS number. I think we have to register her with our bank but does she need to be finger printed again? And get a new number?
Posted By: Matt_B

Re: New LO with NMLS# - previously a mortgage broker - 11/09/12 06:33 PM

Yes, she will have to be associated with your finacial, no new print, the number follows them forever, wherever they go. Check the guides on the NMLS site, they're very step-by-step specific on how to add people.