MLD Updates


Important Reminder for Mortgage Servicers and Supplemental Mortgage Servicers

Nevada Annual Mortgage Servicing Volume Reports, for the period ending December 31, 2018, are due by March 31, 2019. Please download and complete the form and submit it to the Division via e-mail at MLDinfo@mld.nv.gov. In the subject line please indicate “Annual Mortgage Servicing Volume Report”.

Reports received after March 31st will accrue a late penalty of $25 per day.

Did your license expire December 31st, 2018?

A Cancelled License can be reinstated on or before February 28th 2019. Submit the renewal application, required Information, and reinstatement fee through NMLS. Please Visit the NMLS Annual Renewal Information page for more Information.

    National PHH Settlement Contact Information

    Toll-free number with Live Customer Service Support:
    1-877-657-9154 (English and Spanish are available)

    Website:  www.nationalphhsettlement.com or www.NationalMortgageSettlementPHHClaim.com

    Address:
    National PHH Settlement Administrator
    PO Box 91
    Minneapolis, MN 55440-0091

    Proposed Regulations of the Division of Mortgage Lending (2018) to amend NAC Chapters 645A, 645B, 645E, and 645F

    Based upon certain statutory changes made by the Nevada Legislature in 2017 (see links to Senate Bills 498 and 69 as provided below), the Division has made proposed conforming changes and/or other revisions as required, to Chapters 645A (governing escrow agencies and escrow agents); 645B (governing mortgage brokers and mortgage agents); 645E (governing mortgage bankers); and 645F (governing covered service providers, foreclosure consultants, loan modification consultants, and mortgage servicers) of the Nevada Administrative Code (“NAC”). Click on the following links for the provided text of each proposed regulation in the forms submitted to the Nevada Legislative Counsel Bureau following the Division's publicly noticed workshop held on June 26, 2018.

    Each of these draft regulations may also be reviewed on the Nevada Legislature's website pursuant to its Law Library link to the Register of Administrative Regulations.

    Assembly Bill 468 and Senate Bill 498

    Two industry sponsored bills were signed into law in the 79th (2017) Session of the Nevada Legislature which affect licensees under Nevada Revised Statutes NRS 645B and NRS 645E.

    Senate Bill 69

    A Governor-sponsored bill was signed into law in the 79th (2017) session of the Nevada Legislature which among other things, requires a regulatory body to adopt regulations providing for issuance of license by endorsement, including the occupations and professions under the jurisdiction of the Division, as governed by NRS chapters 645A, 645B, 645E, and 645F.

    Upcoming Meeting Information

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