Banker's Toolbox Announces — ACQUISITION OF LOAN LOSS RESERVE POWERHOUSE, MAINSTREET TECHNOLOGIES
Banker's Toolbox, Inc., leaders in compliance solutions for financial institutions, announced the acquisition of Georgia-based MainStreet Technologies (MST). MST is an industry leader in the loan risk management space. This acquisition adds to a strong and growing portfolio of compliance-related solutions and will continue to enhance the value Banker's Toolbox brings to both their customers and the industry. (Read full press release here.)
NMLS license reinstatement period
The NMLS has announced the 2018 Renewal Period has ended as of December 31, 2017. The Reinstatement Period began on January 1 and ends at midnight ET on February 28. Review the State Licensing and Federal Registry Annual Renewal pages of the NMLS Resource Center for steps required for license or registration reinstatement. We remind you that any MLO whose registration has lapsed cannot perform MLO duties unless and until the registration has been reinstated.