1. Federal Registry Renewal Process December 5, 2014
Lindsay Schmidt
Manager, Training
State Regulatory Registry

2. Housekeeping Utilizing the Chat feature through GotoWebinar
Question & Answer
NMLS Federal Registry Resource Center
Complete survey for any unanswered questions

3. Agenda Renewal Resources on NMLS Federal Registry Resource Center
Renewal Overview
Hours of Operation
NMLS Processing Fees
How to Renew your Institution
How to Renew your MLOs
Use of the Renew/Reactivate Activity Report

4. Objectives
Be able to locate the necessary resources to help with the renewal process
Understand how to complete the renewal process successfully
Learn about the common mistakes and misunderstandings

5. Renewal Overview
Renewal period opened on Saturday, November 1, 2014 and will end on Wednesday, December 31, 2014
System Hours of Operation
Call Center Hours of Operation
The Call Center is unavailable on weekends

6. Renewal Overview Continued
System-wide philosophy for Renewal
Attesting to the fact that your record is up to date
NMLS Processing Fees
$30 per MLO
$100 for Institution renewal
Reactivation Fees

7. Federal Institution Renewal
Institutions must submit their renewal prior to submitting MLO renewal
All institutions in an “Active” status must renew there are no exceptions/exemptions

8. Common Misunderstandings - Institution
Renewing your $55 VIP Credential is not the same as the $100 institution renewal
Where can you find expiration dates?
Under Admin Tab
A criminal background check is not required for registration renewal
Even if prints have expired
Employment Changes during Renewal

9. Federal Institution Renewal
Step 1 – Click the Renew/Reactivate tab
Step 2 – Click Submit in the submenu
Step 3 – Click the Manual button

10. Federal Institution Renewal
All Active registrations will be listed – Active Institution and Active MLOs
Institutions with 100 or fewer MLOs can renew their institution and eligible MLOs at the same time

11. Federal Institution Renewal

12. Renewal Cart
Institution renewal costs $100 **If paid by credit card, a 2.5% service fee will be added**

13. Renewed Through 2015
Next Step: Run the Renewal/Reactivation Activity Report

14. Renewal/Reactivation Activity Report
Report should be used during every stage of renewal:
Preparing for renewal
Building batch upload (if applicable)
As a follow up tool
When wondering “Am I done?” Run this report!

15. Manual vs. Upload
If an institution has 100 or few MLOs eligible for renewal
Manually submit MLOs or
Perform a renewal batch upload
If an institution has 101 or more MLOs eligible for renewal
Only the Upload button will display after institution renewal is submitted manually

16. Federal Renewal Notifications
Received by Institutions (nightly) when more than 500 MLOs complete attestation for the previous day:
Encouraged to use the Renewal/Reactivation Activity Report to track MLO attestation compliance

17. Federal Renewal Notifications
Received by Institutions (nightly) when less than 500 MLOs complete attestation for the previous day:

18. Federal Renewal Notifications
MLO Notification of Attestation Required

19. Federal Renewal Notifications
Received by Individual MLOs in a “Pending Attestation” status after 5, 10, 15 days

20. Attest and Renew Button

21. Common Mistakes – MLO Where do they go wrong?
Try to Attest to a Filing under the Filing tab
Try to renew on the State side of system
Renewal tab on State side “Renewals”
Renewal tab on Federal side “Renew/Reactivate”

22. Demonstration Launch Online Demo
Demo: Company user paying for a test enrollment & manage appointments.

23. Make sure to complete our survey. We follow up on all questions!
Question & Answer
Q & A
Make sure to complete our survey. We follow up on all questions!