Specialty Certification Certified Application Specialist The Certified Application Specialist (CAS) certifications recognize state regulatory professionals who have demonstrated advanced knowledge, practical experience, and job performance in licensing operations using the Nationwide Multistate Licensing System (NMLS). Each certification represents a progression in responsibility and expertise—ranging from foundational application review to complex account administration and staff oversight. CAS-I: MLO Licensing Review The

Up to $82 million in virtual assets to be returned to customers Washington, D.C. — Twenty-five state financial regulators have taken collective action against Plutus Financial, Inc., Abra Trading, LLC, Plutus Financial Holdings, Inc., Plutus Lending, LLC (collectively known as “Abra”), and CEO and largest equity owner William “Bill” Barhydt for operating a cryptocurrency company without receiving the required state

Washington, D.C. – State supervisors are encouraging licensees to prepare in advance for the start of Nationwide Multistate Licensing System (NMLS) annual renewal on Nov. 1. Supervisors advise licensees to review and update their NMLS record, review state-specific renewal requirements, and access online training resources to get familiar with the process. “Maintaining a license in NMLS symbolizes a professional standard

This roadmap highlights key NMLS enhancements that will occur over the next six years in six different phases. Our Strategy We are modernizing NMLS using a long-term strategy focused on enhancing the system and improving the user experience. Our development priorities are to: Ensure system enhancements benefit as many system users as possible by: Focusing on areas that impact the

By CSBS President and CEO Jim Cooper Fifteen years ago, Congress transformed the mortgage industry by mandating the use of a technology platform created by state financial regulators. Today, that platform allows millions of Americans to make financial decisions and transactions with confidence. Whether they’re obtaining a mortgage to make what is likely their largest lifetime purchase or sending money

A new map displaying details on Consumer Finance Laws across the 50 states.

Renewal Season Starts November 1 Washington, D.C. – State regulators encourage individuals and businesses in the mortgage, money transmission, debt collection and consumer financial services industry to get ready for the Nov. 1 start of Nationwide Multistate Licensing System (NMLS) annual license renewal by taking steps to prepare in advance. More than 261,000 mortgage loan originators (MLOs) and companies are

Renewal Season Starts Nov. 1 Washington, D.C. – State regulators encourage individuals and businesses in the mortgage, money transmission, debt collection and consumer financial services industry to start preparing now for the Nov. 1 start of Nationwide Multistate Licensing System (NMLS) annual license renewal. Mortgage loan originators (MLOs) and mortgage companies account for more than 846,000 state licenses to be

CSBS released a survey of consumer lending laws and regulations of all 50 states and Washington, D.C., today alongside a new policy paper that examines the nonbank consumer finance marketplace.