NYAMB has been working with the NYSDFS to get a reference guide published by the Department. We are proud of the ongoing relationship and work we do with the department on behalf of our members and are pleased to announce that the Department has officially released these comprehensive guidebooks that will help companies & individuals to not only apply for a license, but to maintain a license. These guidebooks provide an overview of the regulatory requirements and boils them down into comprehensible directions on what information to file with DFS, at what times, and what licensees and registrants are and are not permitted to do as a regulated entity.
Please be sure to watch for any additional e-notices from NYAMB for updates to these books that may become available as a result of any new or revised mortgage-related federal and state laws and regulations, and Department policies and procedures that may come into effect.