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Get Transition Plan: Indiana Department Of Financial Institutions

E Lending in Indiana, must create a record in the Nationwide Mortgage Licensing System (NMLS) by creating Form MU1 for the company and a Form MU2 for each of their control persons. This should be completed by November 1, 2008. After November 1 and before December 31, 2008, the lender must renew and transition the existing Loan License to a Subordinate Lien Mortgage Lending License via NMLS. (Note: If you are regularly engaged in non-mortgage consumer loans and do not make subordinate lien mortga.

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