Today’s required reading – standards for mortgage originators

Courtesy of MSN Real Estate

A few years back, regulators finally got their wish in establishing some streamlined federal standards for mortgage originators, replacing and complementing an existing patchwork of state regs. Here’s how one element of those standards — the Nationwide Mortgage Licensing System (http://www.nmlsconsumeraccess.org/) — can help consumers who are seeking a loan.

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