Episode

What Critical Changes Are Coming to the Mortgage Licensing System in 2026? | Ep. 627

Podcast
The Loan Officer Podcast
Published
May 18, 2026
Duration seconds
2773
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https://TheLoanOfficerPodcast.podbean.com/e/what-critical-changes-are-coming-to-the-mortgage-licensing-system-in-2026-ep-627/
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https://mcdn.podbean.com/mf/web/32js5kxv78punhpu/tlop-pod627-final-20260518.mp3
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/v1/public/podcasts/the-loan-officer-podcast-1213263/episodes/what-critical-changes-are-coming-to-the-mortgage-licensing-system-in-2026-ep-627
Markdown
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Summary

In this episode of the Loan Officer Podcast, host Dustin Owen welcomes back Bob Niemi, Director of Government Affairs at Weiner Brodsky & Kider, for an in-depth discussion on the latest developments impacting the mortgage industry. Together, they dive into critical updates to the Nationwide Multistate Licensing System (NMLS) - the first significant changes to the system since its inception in 2008. Bob provides a comprehensive overview of the new disclosure requirements now affecting both licensed originators and company control persons, emphasizing the importance of compliance ahead of the upcoming August 31st soft deadline. The conversation also highlights key advocacy topics addressed at the recent National Advocacy Conference in Washington, D.C. Dustin and Bob break down the industry’s ongoing efforts to ban trigger leads, a controversial practice that impacts both consumers and mortgage professionals, and discuss the implications of the proposed "Road to Housing" bill, which aims to improve access to homeownership. Throughout the episode, they stress the importance of industry engagement and encourage all mortgage professionals to join the Mortgage Action Alliance, a grassroots organization that makes it easy for individuals to participate in advocacy efforts and have their voices heard on Capitol Hill. Whether you’re a seasoned loan officer or new to the industry, this episode offers valuable insights into regulatory changes, legislative priorities, and practical steps you can take to stay informed and involved in shaping the future of mortgage lending. Disclosure Questions Update: https://mortgage.nationwidelicensingsystem.org/knowledge/Products/nmls/stateresourcecenter/SitePages/Disclosure-Questions-Update.aspx https://mortgage.nationwidelicensingsystem.org…