The Nationwide Mortgage Licensing System & Registry (NMLS)- a mortgage licensing system operated by state financial regulators- launched NMLS Consumer Access. NMLS Consumer Access is a fully searchable website that allows the general public to view information concerning state-licensed mortgage companies, branches, and individuals currently licensed through NMLS.

NMLS Consumer Access achieves three critical goals set forth by state regulators:

First, NMLS Consumer Access

The Financial Crimes Enforcement Network (FinCEN) released its latest and 13th edition of The SAR Activity Review – By the Numbers. The report’s findings indicate some moderation in previously reported suspected fraudulent activities and significant increases in other areas.

Suspicious Activity Report (SAR) filings for the first six months of 2009 indicating suspected Mortgage Loan Fraud have risen just one percent from the corresponding period in 2008, yet remain at a historically high