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What is the NMLS Mortgage Call Report (MCR)?
All companies holding a Michigan mortgage license or registration, and companies employing Michigan licensed MLOs, must complete the NMLS Mortgage Call Report on a quarterly calendar basis. The NMLS Mortgage Call Report is a single report of condition that reflects the entire mortgage activity and financial information for a company. Although your sponsoring company will compile this information and report it as required through NMLS, you are required to maintain mortgage loan originator business information.