Episode 52: NMLS Licensing Made Clear: Renewal, CE & More with Rich Madison
What if a few minutes today could save you major headaches during NMLS renewal?
In this episode of The NAMB Podcast, host Ginger Bell welcomes Rich Madison, Senior Vice President with NMLS, for a practical conversation about licensing, renewals, continuing education, NMLS modernization, and what mortgage professionals need to know as they prepare for the year ahead.
Rich has been part of the licensing journey since the implementation of the SAFE Act. He explains how the industry has changed over the past 17-plus years and why mortgage professionals need to take ownership of their licenses.
His message is simple: “Your license is your business.”
For MLOs, that starts with logging into NMLS, checking your dashboard, addressing outstanding information requests, completing continuing education, and making sure the renewal is actually submitted. Rich also explains why state-specific requirements matter, especially for mortgage professionals expanding into new states.
In This Episode You’ll Learn:
✅ Why “your license is your business” should be every MLO’s mindset.
✅ What MLOs should check before starting the renewal process.
✅ Why completing continuing education does not automatically mean your renewal is finished.
✅ Why state-specific education and licensing requirements can create challenges for MLOs expanding into new states.
✅ What mortgage brokers and company owners should review before company renewal.
✅ How mortgage professionals can provide feedback and become more involved with NMLS.
Learn more about our guest:
Rich Madison
Senior Vice President, NMLS
https://mortgage.nationwidelicensingsystem.org/
Learn more about NAMB:
https://www.namb.org
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Brought to you by: National Association of Mortgage Brokers (NAMB)
https://www.namb.org
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Disclaimer: This podcast is provided for educational and informational purposes only and should not be considered legal, financial, tax, licensing, or compliance advice. Mortgage professionals should verify current requirements with NMLS, their compliance team, legal counsel, applicable regulators, and other appropriate professional resources.
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