NMLS Report Paints Picture of Industry Consolidation

Julie C. Nichols General

Mortgage News Daily – Jann Swanson

The number of companies holding licenses to lend, originate, or service mortgage loans declined slightly in the first quarter of 2013 from one year earlier but the numbers of licenses held by those companies increased. The National Mortgage Licensing System issued its First Quarter 2013 report this week showing an 0.2 percent decline to 15,842 unique companies holding NMLS licenses compared to a year earlier but the number of licenses held by those companies was up 7 percent to 32,797.

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