Is Your Company SEC Compliant?
Protect your business with expert SEC due diligence and compliance consulting for the mortgage industry.
Key Questions
What You Need to Know
What?
To be compliant with state laws, your Company MUST hold NMLS Mortgage Licenses or Exemptions.
Who?
Every new Company entering the Mortgage Industry.
Why?
Your Company's violations of state and federal laws (SEC and Licensing) will cause Penalties, Fines, Cease and Desist Orders.
Where?
All 50 states and DC.
When?
Before your Company can start business and generating Revenue.
How?
Herb Thomas will design and conduct your Due Diligence Project.
Our Process
What is a Due Diligence Project?
The due diligence project is conducted to help satisfy your fiduciary duty to your investors to reveal all risk factors.
Review company mortgage lending activity details
Research state licensing statutes for required licenses or exemptions
Make formal written requests to state agencies confirming findings
Conduct status inquiries and encourage written agency responses
Analyze responses and recommend licensing approach
Acknowledge that states may not guarantee exemptions, though their confirmation provides the best confirmation available
Prepare NMLS applications and monitor approval process if licensing is pursued
Ready to Start Your Due Diligence Project?
Let Herb Thomas guide your company through the SEC compliance process with confidence.