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State of Nevada

Mortgage Licensing

Published July 16, 2009 at 5:00 AM PDT

The Nevada Legislature mandated licenses for foreclosure consultants and mortgage modification experts. The rules were finalized earlier this month and we talk with the top official in charge of the new licensing program to see what it takes to get a license and what borrowers should know about the new system. Joe Waltuch, the commissioner of the Nevada State Mortgage Lending Division, joins us.

Links

  • Hope@Home: Facing the Mortgage Crisis in Southern Nevada
  • Jim Gibbons signed emergency regulations on July 8, 2009

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