Washington, D.C— The Conference of State Bank Supervisors announced this week Robert S. Niemi, Deputy Superintendent for Consumer Finance at the Ohio Division of Financial Institutions, has been named NMLS Ombudsman. Niemi oversees the non-depository lenders in the State of Ohio including 16 license types and nine sections of the Ohio Revised Code.
As the NMLS Ombudsman, Niemi will provide the non-depository financial services industries, and other interested parties, with a neutral venue to discuss issues or concerns regarding NMLS and state licensing. The objective of the NMLS Ombudsman is to foster constructive dialogue between NMLS industry users and participating state regulators to mutually work toward the goal of modern and efficient state regulation. Niemi will serve as NMLS Ombudsman while fulfilling his duties with the Ohio Division of Financial Institutions.
“Bob’s first-hand knowledge of the mortgage licensing process, including being a licensed loan originator by the Division and an approved NMLS mortgage instructor makes him a great choice to serve as NMLS Ombudsman,” said Robert Entringer, Commissioner of the North Dakota Department of Financial Institutions and Chairman of the State Regulatory Registry—a CSBS affiliate that operates NMLS.
Prior to joining the State of Ohio, Niemi worked for more than 23 years in the mortgage industry including both depository and non-depository lenders. He has held regional and national management positions with various mortgage associations across the Midwest. Niemi is a graduate of Western Illinois University and serves on the board of the American Association of Residential Mortgage Regulators. He also enjoys time as a high school and college football official.
Niemi succeeds Tim Siwy, former Acting Deputy Secretary of Non-Depository Institutions and Consumer Services for the Pennsylvania Department of Banking. Siwy was preceded by the first NMLS Ombudsman, Deb Bortner, Director of Consumer Services with the Washington Department of Financial Institutions.
NMLS is a web-based system that allows non-depository companies, branches, and individuals in the mortgage, consumer lending, money-services businesses, and debt collection industries to apply for, amend, update, or renew a license online using a single set of uniform applications. Further, mortgage loan originators employed by insured depository institutions are also registered with NMLS. More information about the NMLS Ombudsman can be found here.