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2.59.705    ADOPTION OF STANDARDIZED FORMS AND PROCEDURES OF THE NATIONWIDE MULTISTATE LICENSING SYSTEM (NMLS)

(1) The NMLS Policy Guidebook dated July 23, 2012, is approved and adopted by reference. It can be found at http://mortgage.nationwidelicensingsystem.org/licensees/resources/LicenseeResources/NMLS%20Guidebook%20for%20Licensees.pdf.

(2) The following standardized NMLS forms relating to licensing are approved and adopted by reference:

(a) NMLS company form dated March 31, 2014;

(b) NMLS branch form dated March 31, 2014; and

(c) NMLS individual form dated April 16, 2012.

(3) The following state-specific forms on the NMLS are approved and adopted by reference:

(a) Montana escrow business company transition checklist dated May 21, 2014;

(b) Montana escrow business company new application checklist dated June 2, 2014;

(c) Montana escrow business company amendment checklist dated June 2, 2014; and

(d) Montana escrow business company surrender checklist dated May 21, 2014.

(4) For renewal, companies, branches, and individuals must go to the NMLS home page (http://mortgage.nationwidelicensingsystem.org) and select the "Annual Renewal" link under the State Licensing tab and follow the instructions.

(5) Copies of the NMLS forms are available on the department's web site www.banking.mt.gov for review and informational purposes only. All standardized forms to be submitted to the department must be accessed through NMLS and submitted electronically.

History: 32-7-109, 32-7-112, MCA; IMP, 32-7-109, 32-7-112, MCA; NEW, 2015 MAR p. 368, Eff. 10/10/14.

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