Aug 29, 2011 2:31PM The Nationwide Mortgage Licensing System and Registry ( NMLS ) has released information on licensed entities as of the first quarter of 2011(March 31) and a limited update on licensees at the end of the second quarter (June 30.) The Nationwide Mortgage Licensing System (NMLS) is the legal system of record for licensing in all participating states, the District of Columbia and U.S. Territories. This appears to be the first set of quarterly reports issued by the system which is in its fourth year of... Aug 30, 2011 11:06AM The New York Times is reporting that the government is seriously contemplating a broad-based refinancing of mortgages guaranteed by the two GSEs , Fannie Mae and Freddie Mac, in an effort to reduce payments by those borrowers who currently cannot refinance either due to negative equity in their homes or due to their own credit constraints. This idea was originally raised in 2008 as the housing crisis got underway and has been viewed by its proponents as a way for the government to provide a stimulus...
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