Pursuant to N.J.S.A. 17:16F-31, all licensees are required to file an annual report to the Department of Banking and Insurance. Licensees are required to file an annual report after each calendar year in which they were licensed. Because you were licensed in 2024, you are required to file an annual report in 2025 even if you did not conduct any business in 2024, and even if you ceased doing the business activities for which you were licensed in New Jersey in 2024.  

If you have any questions about filing your annual report, please e-mail Consumer Finance Annual Reports at bankingannualreports@dobi.nj.gov.

Thank you in advance for your cooperation in this important matter.

Will a Mortgage Servicer be required to file an annual report?
A mortgage servicer is required to file an annual report with the Division of Banking. The report must be filed for the period of January 1, 2024 through December 31, 2024.

What is included in the Mortgage Servicer annual report?
The Mortgage Servicer Annual Report includes:

• the number of residential mortgage loans the mortgage servicer serviced;
• the type and characteristics of the residential mortgage loans the mortgage servicer serviced;
• the number of serviced residential mortgage loans in default, along with a breakdown of 30, 60, and 90 days of delinquency; and
• the number of foreclosures commenced.

Information must be collected from 01/01/2024 through 12/31/2024 for New Jersey business and maintained to complete the annual report.

Is there a filing deadline for the annual report?
All annual reports must be filed no later than May 1, 2025 for the January 1, 2024 to December 31, 2024 reporting period.

Do the NMLS filing requirements eliminate the DOBI Annual Report filing requirement?
No. The NMLS Mortgage Call Report and Annual Financials must be completed on the NMLS site. This is in addition to the DOBI Annual Report filing requirement.