Who is the regulatory authority responsible for the oversight of MLOS in NC?

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The N.C. Office of the Commissioner of Banks (NCCOB) is responsible for the chartering and regulation of North Carolina's state banks, trust companies, mortgage companies, as well as registration and licensing of various financial institutions operating in North Carolina. For more information, see Who We Regulate and our Fact Sheet.

Our mission is to promote and maintain the strength and fairness of the North Carolina financial services marketplace through the supervision and regulation of financial service providers in that marketplace.

NCCOB is a self-supporting agency in that it is funded by industry fees and assessments and not taxpayer dollars.

Welcome to the NC Office of the Commissioner of Banks Website

Who is the regulatory authority responsible for the oversight of MLOS in NC?

Katherine M.R. Bosken

NC Commissioner of Banks

Welcome to the official website of the N.C. Office of the Commissioner of Banks (NCCOB). NCCOB is responsible for the chartering and regulation of North Carolina's state banks, trust companies, mortgage companies, as well as registration and licensing of various financial institutions operating in North Carolina.
 
Our mission is to promote and maintain the strength and fairness of the North Carolina financial services marketplace through the supervision and regulation of financial service providers in that marketplace.

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  • File a Consumer Complaint
  • Who We Regulate
  • Bank Public Notices
  • NCCOB Fact Sheet
  • Regulated Entity Login
  • NCCOB Staff Login

What's New

  • Eugene St. Andrews, Jr. has been appointed to serve as North Carolina Acting Deputy for Depository Supervision, effective March 1, 2022. As Acting Deputy he oversees the NCCOB's Banking Division.
  • Beware of common financial fraud schemes. Read the N.C. Attorney General's tips and the FBI's tips to learn how to protect yourself. Sign up for consumer alerts. Ensure that the company you are dealing with is licensed to do business in North Carolina. If you have questions, please contact our office or submit an online complaint.
  • Maximum Rate of Interest (Official Notice)

Regulatory Events

Other Events

  • None
     

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Who is the regulatory authority responsible for the oversight of MLOS in NC?

Consumer Information

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Who is the regulatory authority responsible for the oversight of MLOS in NC?

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Who is the regulatory authority responsible for the oversight of MLOS in NC?

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Who is the regulatory authority responsible for the oversight of MLOS in NC?

About Us

Who is the regulatory authority in NC responsible for the oversight of MLOS?

NCCOB is responsible for the chartering and regulation of North Carolina's state banks, trust companies, mortgage companies, as well as registration and licensing of various financial institutions operating in North Carolina.

Which regulatory authority is responsible for the regulation of mortgage lenders and MLOS in SC?

The South Carolina State Board of Financial Institutions/Consumer Finance Division requires all companies and branches wishing to act as a mortgage lender/servicer/branch or a mortgage loan originator to complete a record in Nationwide Multi-State Licensing System (NMLS) and submit it to the Consumer Finance Division ...

What federal agency regulates mortgage lenders?

The FTC enforces laws that protect consumers from deceptive mortgage practices by certain kinds of lenders. The FTC also takes action when companies use illegal tactics directed to people facing foreclosure.

Which law defines the role of a mortgage loan originator?

Section 1503(3)(A)(i) of the SAFE Act defines "loan originator" as "an individual who (I) takes a residential mortgage loan application; and (II) offers or negotiates terms of a residential mortgage loan for compensation or gain." Section 1503(3)(B), entitled "Other Definitions Relating to Loan Originator" provides " ...