Archive for the ‘Louisiana’ tag
Nationwide Mortgage Licensing System Expands to 14 States
The Conference of State Bank Supervisors (CSBS) and
the American Association of Residential Mortgage Regulators (AARMR)
announce that six more states — Connecticut, Louisiana. Mississippi,
North Carolina, New Hampshire and Vermont — will begin using the
Nationwide Mortgage Licensing System (NMLS) beginning
July 1st.
The eight states currently using NMLS are Idaho, Iowa,
Kentucky, Massachusetts, Nebraska, New York, Rhode Island and
Washington.
To date, 42 state agencies representing 40 states have
committed to participate.
Fed’s Kohn Says Economy to Grow in Second Half
Speaking at a National conference on Public Retirement in Louisiana,
Federal Reserve Vice Chairman Donald L. Kohn reiterated his position that
while the economy is currently experiencing intense
pressures, he fully expected that it would
recover in the second half of 2008.