MLD Updates


Consumer Fraud Prevent Fairs

                 2020 Reno Consumer Fraud Prevention Fair                    2020 Las Vegas Consumer Fraud Prevention Fair

 

Consumer Fraud Prevention Fairs are being held in Reno and Las Vegas the first week of March. Flyers are available for download. 

Mortgage License Changes

Effective 1/1/2020 all Mortgage Brokers and Bankers are licensed under NRS 645B as Mortgage Companies. All Mortgage Agents are licensed under NRS 645B as Mortgage Loan Originators. This change relates to all licensees, residential and commercial.

    Regarding the Federal Temporary Authority to Operate law (S2155)

    For more information on Temporary Authority to Operate for licensed individuals regulated by the Division of Mortgage Lending, please refer to the NMLS/CSBS statement. The NMLS has also created a resource for state agencies and loan originators with information and a demonstration video.

    URGENT CONSUMER ALERT

    The State of Nevada Division of Insurance, has posted a consumer alert about an insurance protection scam. The target is people who have inquired about getting mortgage and are required to get this insurance before they can get the loan. 

    This has happened in California. Although no incidents have at this time been reported in Nevada, be aware if you are looking to obtain a mortgage.

    Reference the provided documents for more information.

    Fee Change Announcement

    Effective 11/1/2019, the following fee change will take place:

    • New agent application fee from $185 to $145
    • Renewing agent from $165 to $135
    No other changes in fees have taken place.

     

      Scheduled Meetings

       

      Physical location Originating Site | Call in to teleconference Teleconference remote site | Remote viewing of conference online Video Conference remote site | View events and/or documents online View Online
      Scheduled Meetings
      DateLocationAgendaMinutesAttachments
      NOTICE OF HEARING FOR ADOPTION AND AMENDMENT OF REGULATIONS OF THE OFFICE OF THE DIRECTOR
      01/17/2020
      11:00 AM
      originate iconNevada Room Suite 400 - 3300 W. Sahara Ave. - Las Vegas
      video icon1st Floor Hearing Room - 1818 E College Parkway - Carson City
      Notice of Public Meeting to Conduct a Hearing for Adoption and Amendment of Regulations of the Office of Director and Meeting AgendaNotice of Hearing for Adoption and Amendment of Regulations of the Office of the Director LCB File No. R089-19
      LCB FILE No. R089-19