Mortgage Banking
Mortgage Banking primarily regulates and supervises loan originators, mortgage bankers and mortgage brokers. The Nationwide Mortgage Licensing System & Registry (NMLS), a mortgage licensing system operated by state financial regulators, including Wisconsin was launched in 2010. Wisconsin has transitioned to using NMLS for all of it's mortgage licensing.
NMLS Links
Mandatory Reporting Requirements for Mortgage Bankers and Brokers
More NMLS Links
- Continuing Education through NMLS
- Test Content Outlines
- Wisconsin State Licensing Requirements on NMLS
- NMLS Resources & Support
Additional Information
- License Definitions
- File a Mortgage Banking Complaint
- Federal Reserve - Truth in Lending Compliance is mandatory beginning on April 1, 2011
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Notice of Interest Rate on Required Residential Mortgage Loan Escrow Accounts for 2011
(PDF: 8 KB / 1 page)
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Notice of Interest Rate on Required Residential Mortgage Loan Escrow Accounts for 2012
(PDF: 41 KB / 1 page)
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Historical Interest on Escrow Rates
(PDF: 11 KB / 1 page)
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New rule effective January 1, 2010 regarding transition to license
system, branch offices, mortgage broker agreements, surety bonds & tradenames (section 7 effective January 1, 2011.
(PDF: 65 KB / 16 pages)
Statement on Subprime Mortgage Lending
(PDF: 81 KB / 9 pages)
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Guidance on Nontraditional Mortgage Product Risks
(PDF: 84 KB / 11 pages)
- View Mortgage Banking Administrative Orders Issued (last updated: 9/12/11)


