Licensees/Mortgage Companies/Debt Collectors

ALL APPLICANTS MUST SUBMIT APPLICATIONS THROUGH THE NATIONWIDE MORTGAGE LICENSING SYSTEM (NMLS) WITH THE EXCEPTION OF DEBT COLLECTORS. SEE BELOW:

Debt Collector Registration

• Rhode Island Debt Collector Registration - Form DCU1
• Rhode Island Debt Collector Registration - Electronic E-File
• Rhode Island Debt Collector Registration - Form DCU3 (Branch)

Cashpoint

• CashPoint Information

Press Releases

• June 15, 2009 Press Release
  Loan Modifications
• March 25, 2008 Press Release
  Mortgage Loan Originator Filing Deadline: March 31, 2008
• March 4, 2008 Press Release
  Statement on Subprime Mortgage Lending
• October 6, 2003 Press Release
  First Rate Credit Union

Licensing Bulletins

• 2004-1 Licensee Delayed Report Filing Penalty
• 2003-2 Prohibited Net Branches & Net Branching Arrangements
• 2003-1 Interest on Retail Installment Contracts
• 2002-2 Boat and Automobile Dealers and Brokers Licensing Requirements
• 2002-1 Affiliated Appraisal Management Companies

Rules and Regulations

• Regulation 98-9 - Interest on Escrow Accounts
• Regulation 98-14 - Licensees
• Regulation 98-14.1 - Lenders and Loan Brokers
• Regulation 98-14.4 - Check Cashing

Bond Forms

• Lender, Loan Broker, Small Loan Lender, Check Casher, Sale of Checks or Electronic Money Transfer or Debt Management Services Business License Application Through the National Mortgage Licensing System ("NMLS")
  • Lender Bond
  • Loan Broker Bond
• Small Loan Lender License
  • Small Loan Lender Bond
• Check Casher
  • Check Casher Bond
• Sale of Checks or Electronic Money Transfer
  • Sale of Checks Bond
  • Electronic Money Transfer Bond
• Debt-Management Services Business
  • Debt Management Bond

Mortgage Loan Originator Registration

• 2008-1 Education Requirements for Mortgage Loan Originators
• Rhode Island MLO Professional Requirements under S.A.F.E. Act

Renewals

• 2012 LICENSING RENEWAL NOTICE FOR ALL LICENSEES ON NMLS
  (Lender, Loan Brokers, Small Loan Lenders, Electronic Money Transfers, Sale of Checks, Check Cashers, and Mortgage Loan Originators)
• 2012 RHODE ISLAND DEBT COLLECTOR RENEWAL NOTICE

Authorization for Background Check and Release

• Authorization
• Form MU and Form SLLU Authorization

Interpretive Rulings

• Interpretive Ruling 2000-1-34-23-6 Loan Fees and Other Similar Charges
• Interpretive Ruling 2001-1-19-9-5 Owners Title Policy

Annual Reports (Due date March 31st each year)

IMPORTANT—Review the Division of Banking's Bulletins!

• Lender or Loan Broker
  • IMPORTANT 2013 ANNUAL REPORT FILING NOTICE
• Small Loan Lender, Debt Management Service Providers, Check Cashers, Sellers of Checks, or Electronic Money Transfer
  • IMPORTANT 2013 ANNUAL REPORT FILING NOTICE
  • IMPORTANT 2013 ANNUAL REPORT CHECKLIST

License Surrender

• Lender or Loan Broker
  • Applicants who have already established an account in the NMLS
  • Final Annual Report for lender, small loan lender and loan broker licensees
• Small Loan Lender
  • Final Annual Report for lender, small loan lender and loan broker licensees
• Check Cashers, Sellers of Checks, or Electronic Money Transfer
  • Final Annual Report for sale of checks, electronic money transfer, and check cashing licensees
• Debt Management Service Providers
  • Final Annual Report for debt management plan licensees