NMLS Updates: What Changed and How to Prepare
The Spring 2026 NMLS update is now live, and lenders and brokers should not wait until renewal season to respond.
What Changed on April 18 & Why You Need to Act Early
The biggest operational takeaway was the Spring 2026 NMLS update.
Jackellyn T. Davis, our Managing Senior Associate and head of the Licensing & Regulatory Compliance department at Doss Law, captured key details on the revised individual disclosure questions for MU2/MU4 filings, implemented on April 18, 2026. These updates apply retroactively, so anyone with a company or individual license on NMLS will need to log into their individual accounts, update disclosure responses, and then attest to it.
Individuals must complete these responses by August 31, 2026, or they will not be able to renew their company or individual licenses by the end of this year. To allow time for review ahead of renewal season, we are already preparing clients to make these updates.
Doss Law is structured to manage these NMLS updates efficiently, helping to minimize potential submission delays. For additional support, please contact Jackellyn Davis, who is available to assist with these updates.
Why Being in the Room Matters
These updates were among the most important takeaways from the 2026 NMLS Annual Conference & Training in Orlando, Florida, where Jackellyn spent a week with nearly 900 regulators and industry professionals.
This is where we gain direct insight into evolving licensing requirements, NMLS reporting expectations, and how compliance standards are being interpreted and enforced in audits and examinations. At Doss Law, we take an active role and engage directly with state regulators and the NMLS team, identify key licensing issues, obtain clear guidance, and translate that into practical solutions.
Jackellyn returned with fresh intel and breakthroughs that underscore why we prioritize this conference. Lenders and brokers don’t just lose money on rates, they lose it on licensing gaps, NMLS reporting missteps, documentation deficiencies, and early compliance breakdowns that become costly to remediate later. Being there in person allows us to identify those risks early, apply real-time guidance from regulators, and operationalize those insights immediately to support our clients.
CFL In the House
Representatives from the DFPI’s CFL unit were in attendance, providing a valuable opportunity for direct engagement. Through those conversations, we were able to work through several licensing-related questions and gain helpful clarity on how certain issues are being approached. The dialogue also facilitated resolution of a few outstanding matters, including confirmation on scenarios that were still under internal consideration, helping to inform a more consistent path forward.
Reconnecting with DRE Commissioner
Jackellyn also reconnected with Chika Sunquist, Commissioner of the California Department of Real Estate (DRE), picking up right where last year’s conversation left off. Their catch-up led to movement on DRE licensing matters, with Commissioner Sunquist making key introductions that helped get the right people engaged quickly. That is the power of long-standing, trusted relationships. It shortens the distance between a question and a clear answer, and it helps clients get faster resolution on licensing and regulatory issues that can otherwise slow approvals or interrupt operations.
Bottom Line
We were among a select group of mortgage law firms in attendance, positioning us well to translate these discussions into actionable strategies for hard money and private money lenders and brokers. The conference reinforced our mantra, “prudent advice comes from experience, and we’ve got over 48 years of it.”
Need Help with Your NMLS Disclosures Before August 31?
If you’re a lender or broker feeling the regulatory heat, let’s talk. Jackellyn is already putting these insights into practice for clients preparing for the August 31 NMLS disclosure update deadline. At Doss Law, we’re not just watching the changes; we’re advocating for our clients and helping them protect their business from regulatory risk.
Contact Us!
For additional guidance or assistance with implementation, please contact:
📧 Jackellyn Davis, Head of Licensing and Regulatory Compliance
📍 Ja*******@*****aw.com
