On June 1, nearly 7,200 mortgage loan professionals are in danger of losing their licenses. Deanna Sabey, director of the Utah Division of Real Estate, said if Utah mortgage professionals fail to transition to a new federal Nationwide Mortgage Licensing System by May 31, they could lose their licenses. But so far, only 28% of the licensees have completed requirements.
Thousands of brokers face losing mortgage licenses
Most Popular Articles
Latest Articles
Spring housing market gets more inventory
We’ve now had back-to-back weeks of healthy housing inventory growth, making spring 2024 much healthier than spring 2023.
-
The best real estate podcasts for agents and brokers in 2024
-
Home sellers saw their profits shrink in the first quarter: Attom
-
If reelected, Trump could seek greater control over Federal Reserve
-
Acra CEO Keith Lind on staying the course amid choppy waters in non-QM
-
HUD walks back some proposed changes to HECM for Purchase program