To whom does the Commissioner report enforcement actions related to mortgage fraud?

The Commissioner reports enforcement actions related to mortgage fraud to the NMLS (Nationwide Multistate Licensing System). The NMLS serves as a comprehensive database for regulatory agencies and provides a way to track information about licensed mortgage loan originators, including enforcement actions. Reporting to the NMLS ensures that all relevant stakeholders, including state regulatory authorities and consumers, have access to important information regarding licensee compliance and conduct. By maintaining transparency and accountability through this centralized system, the NMLS plays a critical role in combating mortgage fraud and protecting the integrity of the mortgage lending industry.

While other entities like the FHA, State Legislature, and Consumer Financial Protection Bureau may be involved in broader regulatory or oversight functions, the specific requirement for reporting enforcement actions in this context is directed to the NMLS.