NMLS Quality Guide

MCR RMLA

State Specific Information – First Question "Are you a broker?" Second Question "Do you do Reverse Mortgages?" If they are a Broker and Do Not do Reverse Mortgages make sure the following lines equal: AC070 = AC190 = AC290 = AC390 = AC590 If they are still having issues with it not matching then confirm AC066 matches AC090 ------------------------------------------------------------------------------------------------------------------------ If they are a Broker and Do Reverse Mortgages make sure the following Forward Mortgage lines equal: AC190 = AC290 = AC390 = AC590 Make sure that the following Reverse Mortgage lines equal each other: AC790 = AC890 Then confirm that the following match: AC070 = AC900 Only the Count needs to be here. = AC990 If they all match make sure the totals in Section I - MLO(s) match AC070. If they are still having issues with it not matching then confirm AC066 matches AC090. ------------------------------------------------------------------------------------------------------------------------- Company Level Information - Lines of Credit ask "Do you have any lines of credit?" If no just hit next. Loans Serviced - Nationwide Totals ask "Do you perform any servicing?" If no then No Activity to Report. ------------------------------------------------------------------------------------------------------------------------- Brokered: They took the loan but did not fund the loan. Retail: They took the loan and funded. Wholesale: They did not take the loan but did fund the loan. = AC990 If they all match make sure the totals in Section I - MLO(s) match AC070. An MCR filing remains on the Mortgage Call Report screen for two years from the period end date and can be amended during that time frame. ** This is only Section 1 of the MCR; If the user needs assistance with the other sections, refer to the MCR Field Definitions and MCR user guide on the Resource Center = AC900 Only the Count needs to be here.