Compliance stack
License, bond, and insurance for lenders, mortgage originators, and money services businesses.
Lenders, mortgage originators, and money services businesses carry three layers of compliance at once: the state license that lets them operate, the surety bond a regulator may require to hold the license, and the insurance program that covers the operation. Here is how the three fit together.
Requirements vary by state and activity. The license and bond pieces apply where your activity and jurisdiction require them.
What this industry carries
NMLS electronic surety bonds filed against mortgage licenses in states that require them.
Mortgage banker bonds are NMLS-filed Electronic Surety Bonds (ESBs) required of companies that originate and fund residential mortgage loans with their own capital.
Explore mortgage banker bondsMoney transmitter bonds posted to satisfy a state money services license condition.
The money transmitter bond is the surety bond posted as a condition of an MSB or money transmitter license. It is the bond that backstops a transmitter's obligations to consumers and the state. It is NOT the same as the money transmitter license itself, which Cornerstone Licensing handles on the Licensing side.
Explore money transmitter bondState lending licenses for consumer and commercial lenders, where the activity and state require one.
Visit Cornerstone LicensingMortgage company and originator licensing across the states you lend in.
Visit Cornerstone LicensingMoney transmitter and money services business licensing where you move or hold customer funds.
Visit Cornerstone LicensingProfessional liability, cyber, crime, and directors and officers coverage tuned to regulated financial exposure.
A coverage stack built for licensed lenders, mortgage originators, MSBs, and the firms supporting them.
Visit Covered by CornerstoneTell us about your operation and we will map the license, bond, and coverage you need, then route each piece to the right team.
