Nebraska has amended notification requirements for licensed mortgage bankers and MLOs. Under the revisions, mortgage banker licensees have an obligation to notify the Department of Banking and Finance within three business days after the occurrence of an action to enforce consumer protection laws against the licensee (or any of its officers or employees) brought by a state attorney general, the CFPB, or the FTC. Similar notification is required if a mortgage banker's status as an approved seller or seller/servicer is terminated by Fannie Mae, Freddie Mac, FHA, or Ginnie Mae. The amendments also impose various notification obligations on Nebraska-licensed MLOs. The amendments become effective October 4, 2013