NMLS has posted the updated Policy on the Use of NMLS Name in Course Marketing. The updated policy now includes a requirement for course providers to include the course name and course ID number as approved by NMLS in marketing materials and on web sites. The updated policy is intended address a frequent complaint from MLOs that course titles and numbers which are found in the NMLS Master Course Catalog do not always correspond to what an MLO sees in marketing material or on a provider’s web site. The change is also intended to assist MLOs to better distinguish between approved course provider courses and courses being offered by other non-approved organizations.
NMLS wished to express its thanks to those providers who provided comment on the proposed policy change during the public comment period which ran from November 8th to the 18th. The updated policy can be found in the course provider section of the NMLS Resource Center at: http://mortgage.nationwidelicensingsystem.org/courseprovider/Pages/Resources.aspx