Licensing
License, Registration, & Exemption Information
| State | Details |
|---|---|
| Tennessee | Mortgage License 195411 |
| Rhode Island | Lender License - 20204027LL |
| Maine | Supervised Lender License - 2125 |
| Hawaii | Mortgage Loan Originator Company License HI-2125 |
| Delaware | Delaware Lender License 028624 |
| Connecticut | Mortgage Lender License # ML-2125 |
| Arizona | Arizona Mortgage Banker License #0909401 |
| California | Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act #4130724, dba Loanstream and California Finance Lender Law License#60DBO85283, Bureau of Real Estate, Real Estate Corporation License Endorsement #01317091 NMLS# 2125; dba Loanstream |
| Colorado | Colorado – responsible individual R. Aziz #100020906 dba Loanstream. Mortgage Company Registration - 2125 |
| District of Columbia | District of Columbia Mortgage Dual Authority License #MLB2125 dba Loanstream |
| Florida | Lender Servicer License #MLD1130 |
| Georgia | OCMBC, Inc. dba LoanStream Georgia Mortgage Lender License / Registration: 20571 NMLSR: 2125 19000 MacArthur Blvd., Ste. 200 Irvine, CA 92612 |
| Illinois | Illinois Residential Mortgage Licensee, #MB.6759942, Regulated by IDFPR – Division of Banking, 122 South Michigan Avenue, Suite 1900, Chicago, Illinois 60603, (312) 793- 3000 dba Loanstream |
| Indiana | Indiana Division of Financial Institutions – 10909 dba Loanstream |
| Kentucky | Kentucky Department of Financial Institutions, Mortgage Company License # MC358503 dba Loanstream |
| Louisiana | Louisiana Residential Mortgage Lending License #2750 |
| Maryland | Maryland Mortgage Lender License #14074 |
| Massachusetts | Massachusetts Mortgage Lender License #ML2125, not authorized to originate or process Massachusetts Reverse Mortgages |
| Michigan | Michigan 1st Mortgage Broker/Lender/Servicer/License FL0019770, NMLS 2125 dba Loanstream - Notice to Inquirers & Loan Applicants |
| Minnesota | Minnesota Residential Mortgage Originator License #MN-MO20529627 |
| Montana | Montana Lender License #2125 dba Loanstream |
| New Mexico | Mortgage Loan Company License #02380 |
| Nevada | Nevada Mortgage Company License # 3246 – NMLS #2125 dba Loanstream |
| New Jersey | New Jersey licensed by the N.J. Department of Banking and Insurance, Mortgage Residential Mortgage Lender License, NMLS #2125 |
| North Carolina | North Carolina Mortgage Lender License #L-172776, NMLS #2125 |
| Ohio | Residential Mortgage Lending Act Certificate of Registration, RM.850267.000 |
| Oklahoma | Mortgage Lender License #MLO10234, Licensed as a Mortgage Lender by the Department of Consumer Credit No. #MLO10234; NMLS #2125 |
| Oregon | Mortgage Lending License #ML-3613, NMLS #2125 dba Loanstream |
| Pennsylvania | Mortgage Lender License #65662 |
| South Carolina | South Carolina-BFI Mortgage Lender/ Servicer License MLS-2125 |
| Texas | SML Mortgage Banker Registration #2125 dba Loanstream |
| Utah | Utah DRE Mortgage Entity License 6206538 – NMLS 2125 |
| Virginia | Virginia Lender License MC-6752 NMLS 2125 |
| Washington | Washington Consumer Loan Company License #CL-2125 dba Loanstream |
| Wisconsin | Wisconsin Department of Financial Institutions, Mortgage Banker License #2125BA |
Additional Legal & Licensing Information
Veterans Administration ID #169917-00-00, US Department of Housing and Urban Development ID# 20996-0000-1, dba Loanstream
Texas Consumers Complaint and Recovery Fund Notice
Figure 7 TAC §81.200(c)
“CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR
REIMBURSEDMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT HTE DEPARMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.”
TCPA COMPLIANCE BULLETIN.
OCMBC is committed to customer satisfaction and full compliance with all state and federal regulations. It has been, and still is, OCMBC’s express policy not to solicit business in violation of the Telephone Consumer Protection Act (“TCPA”). OCMBC does not advertise or solicit business by using “junk fax” or cold calling. OCMBC also does not knowingly accept referrals or leads from any marketing firms who utilize junk fax or cold calling. OCMBC’s contracts with its marketing firms require that any referrals or leads not be the result of any violation of the TCPA, nor the use of voice, fax or e-mail spamming.
OCMBC is committed to full compliance with the TCPA, and is actively working with its marketing firms to ensure that no violations occur.
Appraiser Independence Requirements (AIR)
OCMBC Statement of Adherence to AIR rules:
AIR is meant to improve the reliability of home appraisals and to maintain appraiser independence from influence by other parties. The aim of the rule is to assure that all parties involved in the mortgage transaction receive fair and independent property valuation reports. The rule also mandates that a mortgage applicant be provided a copy of all appraisal reports. OCMBC, Inc. is committed to 100% compliance with the AIR rules.
California Consumer Privacy Act (CCPA)
OCMBC, Inc. is in compliance the Act. The CCPA was signed into law on June 28, 2018, and went into effect on January 1, 2020. CCPA grants California consumers robust data privacy rights and control over their personal information, including the right to know, the right to delete, and the right to opt-out of the sale of personal information that businesses collect, as well as additional protections for minors.
Visit the California Attorney General web page for complete information.
Gramm Leach Bliley Privacy Policy Act of 2000
1. OUR PLEDGE TO YOU
OCMBC, Inc., one of our top priorities is making sure that the information we have about you is protected and secure. We value our relationship with you and work hard to preserve your privacy and ensure that your preferences are honored. At the same time, the very nature of our relationship may result in us collecting or sharing certain types of information about you. We explain
how we use customer information in this privacy policy statement. We invite you to state your choices in the Customer Preferences section. We will honor your selection.
2. INFORMATION WE COLLECT
We collect information, you give to us on applications, surveys, registration forms, etc.
3. HOW WE SHARE INFORMATION
We do not share information that we have about you with anyone except in response to subpoenas or for other legal reasons.
The law permits us to share information about our current and former customers with government agencies or authorized third parties under certain circumstances. For example, we may be required to share such information in response to subpoenas or to comply with certain laws.
4. HOW WE PROTECT INFORMATION
We strive to protect your data and safeguard it from those not authorized to see it.
5. FORMER CUSTOMERS
We do not share information about our former customers with anyone except in response to subpoenas or for other legal reasons.
We do not share information about our former customers with companies outside our organization for them to contact you for their own marketing purposes.
6. CUSTOMER PREFERENCES
We honor your choices for sharing data as checked below. Please fill-out this form and return it to us at:
OCMBC, Inc.,
19000 MacArthur Blvd Ste. 200
Irvine, CA 92612
[] Please do not share information about me with companies outside your organization. By law, this doesn’t include companies that are performing services on our behalf or our financial marketing partners.
[] Please do not share my credit history with members of your corporate family.
For joint accounts:
We will honor your preferences, and will automatically apply those same choices to the other account holder(s).
Name:__________________________________________________________
Address:________________________________________________________
City:_______________________________State:______Zip_______________
Account/Policy
No(s):______________________________________________
In addition, you may share with us your preferences by calling us toll-free at:
(800) 760-1833 or by e-mailing us at: corp@OCMBC.com.
Copyright 2016-2020 | LoanStream is a registered DBA of OCMBC, Inc. NMLS ID #2125 – NMLS Consumer Access.
Programs and rates are subject to change without notice.