Financial Institutions

Tennessee Department of Financial Instutions to Participate in Nationwide Mortgage Licensing System

NASHVILLE – Commissioner Greg Gonzales announced today that the Tennessee Department of Financial Institutions will participate in the Nationwide Mortgage Licensing System and Registry that was developed by the Conference of State Bank Supervisors and the American Association of Residential Mortgage Regulators. The target date for Tennessee’s participation is the first quarter of 2009.   

Governor Signs Mortgage Reform into Law

Revised Mortgage Act Creates Safeguards for State’s Consumers

NASHVILLE - Governor Phil Bredesen has signed into law SB 4160, which creates new requirements for individuals engaged or seeking to operate in the mortgage industry in Tennessee. The bill was designed to establish educational requirements and a method for criminal background checks on individuals working in the mortgage industry that must be licensed or registered with the Tennessee Department of Financial Institutions. 

Tennessee Recognizes National Teach Children to Save Day

NASHVILLE – Financial Institutions Commissioner Greg Gonzales today encourages Tennesseans to recognize the power of saving and financial literacy by participating in Teach Children to Save Day.

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