Q:

What is NMLS Consumer Access?

A:

Quick Answer

NMLS Consumer Access is a website that allows individuals to research consumer credit companies and professionals, according to NMLS Consumer Access. It includes information from the National Mortgage Licensing System & Registry.

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Full Answer

Many states license consumer credit providers such as mortgage companies and originators, according to NMLS Resource Center. NMLS is an official record-keeping system that helps jurisdictions manage the licensing process, and combines licensing records across states. It does not issue licenses.

NMLS Consumer Access offers consumers the ability to search the NMLS registry to determine if a company or individual is authorized to conduct business in a particular state. NMLS updates the registry each night on business days, states NMLS Consumer Access.

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