Less than 25% of mortgage industry professionals in Florida have submitted an application to the state to obtain licensing under new guidelines that will be implemented on Jan. 1. With less than a month to go before more stringent requirements take effect, the state is now concerned that mortgage brokers throughout the state could find themselves ineligible to work. At issue is Florida's participation in the new Nationwide Mortgage Licensing System, which is designed to lay the groundwork for a system that will make brokers easier regulate nationwide. All 50 states have adopted the system...