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FAQ - New Mortgage Call Report

March 14, 2024 BY MQMR Blogger

Question: 

I know the Mortgage Call Report (MCR) has been updated, but where can I find information on it?

 

Answer: 

The NMLS Resource Center includes a dedicated webpage for the New Mortgage Call Report Form Version 6. Among other information and documents, the webpage provides links to the following:

 

  • A chart outlining which state agencies granted a grace period for filing the initial MCR requiring the new form;
  • A summary of the changes* made to the form, including a redline comparison between the old form and new form;
  • Frequently Asked Questions related specifically to the new MCR and State Specific Supplemental Form;
  • A list of states requiring the State Specific Supplemental Form;
  • A copy of the new MCR and State Specific Supplemental Form; and
  • A training demo of the new MCR Form Version 6 functionality, presented at the 2024 NMLS annual conference, and a link to register for a live training, which will be held on March 27, 2024, 2:30-4:00pm EST.

 

The Conference of State Bank Supervisors (CSBS) also advised inquiries may be emailed to MCRV6@csbs.org and it will be holding office hours via Zoom from 1:00-2:00pm EST on Monday, March 25, and Monday, April 8, 2024:

 

https://us02web.zoom.us/j/82102995323?pwd=dTV6WHdXWjZNUWVsQzVmVmpUdTR2UT09 

Meeting ID: 821 0299 5323 
Passcode: 102696 

 

*Check out MQMR’s prior FAQ detailing the changes to the MCR.