BANKING & FINANCIAL INSTITUTIONS

Regulating Financial Services, Protecting Montanans

MONTANA ESCROW BUSINESS LICENSING

ESCROW LICENSEE LIST - AS OF 3/01/2021 (LICENSES EXPIRES ANNUALLY ON DECEMBER 31)

A escrow license is required to engage in business as defined in the Regulation of Escrow Businesses Act (Section 32-7-101, MCA). The Regulation of Escrow Businesses Act provides that the business practices of the escrow industry are fair and orderly among the members of the escrow industry, with due regard to the ultimate consumers in this important area of property protection.

The Montana Division of Banking and Financial Institutions (Division) does all of its licensing through the Nationwide Mortgage Licensing System (NMLS).

For instructions on how to use NMLS please go to the following links on the NMLS website:

NMLS Navigation

For help with a company account

Montana State Licensing Requirements

Annual Report

The Annual Financial Statement and Escrow Activities Report must be filed with the Division by April 30th. The report can be found on the Forms page. 

 

Secretary of State Annual Report 

All escrow licensees are required to register their business with the Montana Secretary of State (SOS). An Annual Report is required to keep this registration. Please visit the Montana SOS website for more details. 

The forms can be viewed here.

MAR Notice Number

Topic Addressed in Notice

Date Published

2-59-597

Notice of Adoption of Temporary Emergency Rule - Effective March 24, 2020

03/24/20

2-59-571

Notice of Amendment: Annual Reporting for Consumer Loan Licensees, Escrow Business Reference Updates, Mortgage Definitions, Mortgage Renewal Fees, and Escrow Funds Held by Mortgage Companies

04/28/18

2-59-571

Notice of Proposed Amendment - Annual Reporting for Consumer Loan Licensees - Escrow Business Reference Updates - Mortgage Definitions - Mortgage Renewal Fees - Escrow Funds Held by Mortgage Companies

02/24/18

2-59-558

Notice of Adoption - Due Date of Annual Financial Statement for Escrow Licensee.

07/22/17

2-59-558

Notice of Proposed Adoption - Annual Financial Statement and Escrow Activities Report and Due Date

05/27/17

2-59-551

Notice of Amendment and Repeal - Application Procedure - Standardized Forms and Procedures - Transition of Escrow Business Licensees to the NMLS.

12/24/16

2-59-551

Notice of Proposed Amendment and Repeal - Application Procedure - Standardized Forms and Procedures - Transition of Escrow Business Licensees to the NMLS

10/29/16

2-59-516

Corrected Notice of Adoption: Transitioning Existing Escrow Business Company Licenses to the Nationwide Multistate Licensing System and Use of the System for All Future Licensing

04/ 06/ 15

2-59-516

Notice of Adoption : Transitioning Existing Escrow Business Company Licenses to the Nationwide Multistate Licensing System and Use of the System for All Future Licensing

10/09/14

2-59-516

Notice of Proposed Adoption: Transitioning Existing Escrow Business Company Licenses to the Nationwide Multistate Licensing System and Use of the System for All Future Licensing

08/08/14

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