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NCCOB is extending the 2020 Q1 reporting deadlines

Monday, March 30, 2020   (0 Comments)
Posted by: Robin Weyrens

 

The North Carolina Office of the Commissioner of Banks (NCCOB) recognizes the serious impact the COVID-19 pandemic is having on consumers and the operations of many licensees. To provide flexibility with administrative burdens, the NCCOB is extending the 2020 Q1 reporting deadlines for regulated mortgage entities that cannot meet the original deadlines for the following reports:

  • MCR Q1 2020 report is extended from May 15, 2020 to July 14, 2020
  • MCR Standard Financial Condition and Financial Statement deadlines are  extended from 90 days from the end of the company’s fiscal year to 150 days from the end of the company’s fiscal year
  • NCCOB Online Mortgage Data Upload is extended from May 15, 2020 to July 14, 2020