NMLS registration required?

CFPB NMLS registration SAFE

- 7 years, 10 months ago Richard
  Participant
  
  I don’t remember NMLS being discussed in NoteSchool and if it was I don’t remember the reason we are not required to register.
  
  If we modify loans it seems we would be classified as Mortgage Loan Originators (MLOs) and therefore have to register.
  
  I assume the answer is that we use 3rd parties (servicers) to do the actual negotiation of the loan mod so therefore don’t have to register.
  
  Thanks for your comments/suggestions

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