Common use of FINDINGS OF FACT Clause in Contracts

FINDINGS OF FACT. The Nationwide Mortgage Licensing System and Registry (“NMLS”) is an online licensing system created by the Conference of State Bank Supervisors and the American Association of Residential Mortgage Regulators. The NMLS allows an entity to submit mortgage banker license applications, renewals, reports, and amendments to multiple state regulators through one online system. The Department requires that mortgage banker license applications, request for renewals, and amendments be submitted via the NMLS pursuant to its authority under Neb. Rev. Stat. § 45-748 (Reissue 2021).