Mortgage Call Reports due for Florida Mortgage Brokers

Mortgage Call Reports

ALL…I repeat…ALL Florida licensed mortgage companies (Mortgage Brokers and Mortgage Lenders), MUST file a very important piece of financial information through the NMLS –

The Mortgage Call Report or MCR

The MCR is broken up into 2 components:
1.    the Residential Mortgage Loan Activity (RMLA) and 
2.    the Financial Condition (FC) 

Failure to submit the MCR will result in administrative fines of $1,000 and possible license revocation by the Florida Office of Financial Regulation (FLOFR).

Here are some FAQs regarding the Mortgage Call Report….


Who needs to submit the Mortgage Call Report (MCR)?
NMLS and the Florida Office of Financial Regulation (FLOFR) requires the following License holders to submit the MCR:
  • Mortgage Broker 
  • Mortgage Lender
  • Mortgage Lender Servicer
Individual Mortgage Loan Originators (MLOs) are not required to submit the MCR because the Mortgage Broker will file it for the whole company.
When does the Mortgage Call Report (MCR) need to be submitted?
The Standard Mortgage Call Report is broken up into 2 components: 
  1. the Residential Mortgage Loan Activity (RMLA) and 
  2. the Financial Condition (FC) 
The RMLA is due within 45 days of the end of every fiscal quarter. Most companies will have the following schedule:
  • Q1 data (January 1 – March 31) is due May 15
  • Q2 data (April 1 – June 30) is due August 14
  • Q3 data (July 1 – September 30) is due November 14
  • Q4 data (October 1 – December 31) is due February 14
The Financial Condition (FC) is due annually within 90 days of the company’s Fiscal Year End. For example, if the company’s Fiscal Year End was December 31, 2011 that means the FC is due by March 30, 2012 (22 days from now – no exceptions).
How do I submit the Mortgage Call Report?
The Mortgage Call Report (MCR) is submitted through the NMLS website. You must first log-in to your account and then go to the “Filing Tab” to begin. 
Here is a User Guide to see how to submit the RMLA – View User Guide
Here is a User Guide to see how to submit the FC – View User Guide
I have begun working on the Mortgage Call Report, but I am unsure how to categorize my business within the MCR?
NMLS has provided the following definitions when submitting the MCR:
Wholesale – Closed wholesale refers to loans that have legally binding agreements establishing a residential mortgage loan with an application taken by one party but funded by another
Broker –  Any fee collected in conjunction with brokering a loan not including pass through fees (i.e. Appraisal, credit report, flood cert., etc…)
Retail – Closed retail refers to loans that have legally binding agreements establishing a residential mortgage loan and have been originated/funded by the institution who took the application
Click this link – – to view a detailed list of Glossary Terms and Definitions found on the MCR.
How can I contact the Nationwide Mortgage Licensing System (NMLS) with questions?
NMLS can be contacted at (240) 386-4444. If you have specific questions about the Mortgage Call Report, you can also send an email to NMLS at

Brad Larson
General Manager
Larson Educational Services
1400 Colonial Blvd, Suite 44
Fort Myers, FL 33907
(239) 344-7510


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