The 2016 NMLS Maryland Mortgage Lender Licensee Renewal period is scheduled to end on December 31, 2015. Your Company is receiving this notice because it has not submitted a renewal application.
Licensees that submit renewal applications by December 31, 2015, that are not approved by January 1, 2016, may be permitted to continue to conduct business. If the license reflects an "approved" status, even if the renewal request has not yet been approved, the licensee is authorized to conduct Maryland mortgage business.
Licensees that submit renewal applications during the reinstatement period (Jan. 1st to Jan. 30th), must cease conducting business until the renewal application is approved. If the licensee is required to submit a renewal request and the renewal request is NOT submitted by December 31, 2015, the license status will automatically be changed to "Terminated-Failed to Renew" on January 1, 2016. Except as provided in COMAR 09.03.06.03F (Loan Processing Under Expired License), the lender licensee is NOT authorized to conduct Maryland mortgage business.
More Information
For specific questions pertaining to Maryland's Mortgage Lender renewals, you may contact Juan M. Sempertegui, Director of Licensing at 410-230-6102 or via email at [email protected].
Office of the Commissioner of Financial Regulation
Maryland Department of Labor, Licensing and Regulation
500 North Calvert Street, Suite 402
Baltimore, MD 21202-3651
410-230-6155 | Office 410-333-0475 | Fax
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