Newsletter

June 20, 2025

The Texas Office of Consumer Credit Commissioner (OCCC) will require the transition of Regulated Lender licenses to the Nationwide Multistate Licensing System (NMLS) starting July 15, 2025. All licensees are required to transition from the ALECS system to NMLS for renewals, amendments, and any other transactions. 

Key Details:

  • Transition Period: July 15 – September 15, 2025 
  • Deadline: License transition to NMLS must be completed by September 15, 2025 
  • Recommended Preparation: If requesting a new NMLS account, please ensure you have IRS documentation that exactly matches your entity name and Federal Employer Identification Number (FEIN).

What’s Next: License transition requirements are expected to be posted to the NMLS Resource Center on or around July15th. For assistance or more information related to transitioning your license to NMLS, please contact FS Vector.