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  2. Nationwide Multi-State Licensing System and Registry

    en.wikipedia.org/wiki/Nationwide_Multi-State...

    The Nationwide Multi-State Licensing System and Registry (NMLS) (originally the Nationwide Mortgage Licensing System) is the system of record for non-depository, financial services licensing or registration in participating state agencies, including the District of Columbia and U.S. Territories of Puerto Rico, the U.S. Virgin Islands, and Guam.

  3. Texas Office of Consumer Credit Commissioner - Wikipedia

    en.wikipedia.org/wiki/Texas_Office_of_Consumer...

    The Texas Office of Consumer Credit Commissioner (“OCCC”) is a Texas state agency that regulates non-depository lenders in the state of Texas, [1] which includes, among others, mortgage loan originators, vehicle sales finance companies, debt settlement providers, pawnshops and credit access businesses.

  4. Mortgage Electronic Registration Systems - Wikipedia

    en.wikipedia.org/wiki/Mortgage_Electronic...

    Mortgage Electronic Registration Systems, Inc. (MERS) is an American privately held corporation. [1] MERS is a separate and distinct corporation that serves as a nominee on mortgages after the turn of the century and is owned by holding company MERSCORP Holdings, Inc., which owns and operates an electronic registry known as the MERS system, which is designed to track servicing rights and ...

  5. Mortgage loan originators: What are they and what do ... - AOL

    www.aol.com/finance/mortgage-loan-originators...

    There are two major types of mortgage loan originators: brokers and bankers. Here’s a look at how each one works: Mortgage banker : A mortgage banker works directly for the lender funding your ...

  6. Mortgage bankers: Who they are and what they do in home ... - AOL

    www.aol.com/finance/mortgage-bankers-home...

    A mortgage banker is tied to one financial institution, while a mortgage broker works independently of lenders. As a result, mortgage brokers can help you compare options from various lending ...

  7. Mortgage brokers: What they are and how they can help - AOL

    www.aol.com/finance/mortgage-brokers-help...

    A mortgage broker can save you money on the loan itself: Brokers have access to a broader mix of loans and lenders (including some you wouldn’t have access to as an individual). So they may be ...

  8. Real estate license - Wikipedia

    en.wikipedia.org/wiki/Real_estate_license

    A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and in a small number of other ...

  9. Real estate agents and brokers - Wikipedia

    en.wikipedia.org/wiki/Real_estate_broker

    Other brokers and agents may focus on representing buyers or tenants in a real estate transaction. However, licensing as a broker or salesperson authorizes the licensee to legally represent parties on either side of a transaction and providing the necessary documentation for the legal transfer of real property.

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