a service to Maryland's consumers we provide information
on important issues that affect you. Below are
a list of headlines that will offer you information
on various topics. We also offer the Frequently
Asked Questions about the mortgage broker
industry to help you find the answers to your
Consumer Access Goes Live
order to provide homebuyers and the general public
with greater information concerning the companies
and professionals in the mortgage industry and
in fulfillment of the federal S.A.F.E. Mortgage
Licensing Act of 2008, the Nationwide Mortgage
Licensing System and Registry (NMLS) is proud
to announce that we have launched NMLS Consumer
Consumer Access launched this week and can be
found online at: www.NMLSConsumerAccess.org.
is the background information on NMLS Consumer
Access that you may wish to use as talking points
or to distribute to your members or employees.
encourage you to put a link to NMLS Consumer Access
prominently on your organizations Web site as
a resource for consumers.
the launch of NMLS Consumer Access and federal
criminal background check processing, NMLS has
delivered two more major deliverables under the
you for your support and efforts and, as always,
please contact me if you have any questions.
COMPLAINTS - How Do I Submit a Complaint About
a Mortgage Broker or Loan Originator Who is Violating
State Laws and Regulations?
wishing to submit a complaint about a mortgage
broker or loan originator who is violating state
laws and regulations are encouraged to do so.
For details, please go to http://www.dllr.state.md.us/finance/frcomplaints.htm.
You Using a Certified Mortgage Broker? YOU Should
Maryland Association of Mortgage Professionals
(MAMP) is a not for profit organization committed
to promoting the highest degree of professionalism
for its members and providing ethical and professional
standards against which mortgage brokers can be
order to achieve this goal, our national affiliate
NAMB has developed
a rigorous certification program to recognize
brokers who have attained the highest levels of
professional expertise. Developed through extensive
research by mortgage industry experts, a NAMB
certification is gained only once the candidate
has met certain requirements of experience and
knowledge to practice mortgage brokering and has
passed a written examination.
combined with MAMP's code of ethics and best business
practices, a NAMB certified mortgage broker is
your guarantee that you are dealing with a recognized
expert in the mortgage origination field.
Reserve Board Offers Helpful Consumer Information
Handbooks on Mortgages
Federal Reserve Board is offering handbooks on
Adjustable-Rate Mortgages and Interest-Only Mortgage
Payments and Payment-Option ARMS geared toward
consumers. These handbooks offer information on
consumer cautions, types of ARMs, payment options
here to view the handbook on Adjustable-Rate Mortgages.
here to download the Interest-Only Mortgage Payments
and Payment-Option Arms handbook.
Happens When Your Credit Report is Requested?
Stop the Calls. Stop the Junk Mail. Protect your
Credit. Protect you Identity.
National Association of Mortgage Brokers (NAMB)
is offering tips and answers to frequently asked
questions to help you avoid identity theft when
your credit report is requested.
here to view answers to frequently asked questions
regarding identity theft.
here to visit the NAMB website to find more information.
Light St., Baltimore, MD 21230
TEL: (410) 752-6262 | FAX: (410) 752-8295