---
kind: "section"
citation: "12 C.F.R. § 1008.205"
title: "12"
number: "1008.205"
heading: "The Bureau's establishment of nationwide mortgage licensing system and registry."
url: "https://uscodex.org/cfr/12/1008.205"
---

# §1008.205. The Bureau's establishment of nationwide mortgage licensing system and registry.


If the Bureau determines that the NMLSR established by CSBS and AARMR does not meet the minimum requirements of subpart D of this part, the Bureau will establish and maintain a nationwide mortgage licensing system and registry.


## Notes

### Authority

Authority: 12 U.S.C. 5101-5116; Pub. L. 111-203, 124 Stat. 1376.

### Source

Source: 76 FR 78487, Dec. 19, 2011, unless otherwise noted.