Logo
Home

Texas Call Report and Financial Condition Report Information        

Texas mortgage companies have been required to file mortgage call reports and financial condition reports since 2011.  Beginning in 2013, the SML began taking administrative action (penalties) against companies that did not file timely.  In addition, the SML will not renew a company's license until and unless it has filed all due reports and paid any penalties.  The only notice you will receive will be in your NMLS record.

Call Reports for the following periods and their respective due dates:
  
    January 1 - March 31due  by May 15th                     
April 1 - June 30due by August 14th
July 1 - September 30due by November 14th
October 1 - December 31due by February 14th

Financial Condition Report due dates for most companies is 90 days after their fiscal year end or March 31st for most years and March 30th for leap years (such as 2016!).

Certain companies must file their Financial Condition report quarterly and those companies must file on the same date as the Call Reports.

NMLS instructions on entering the information manually.


NMLS instructions on automating Call Reports and Financial Condition Report filing using XML

WARNING
We have had reports of companies attempting to do their Call Reports on the deadline date and before they finish, the server crashes and is not up until the next day.  The servers that support the Call Reports often crash on the deadline date because of the volume of traffic on that date.  You are still responsible for timely submission of your Call Report, even if the server crashes.  The solution is, do not wait until the deadline to file.  Set a tickler to file two weeks before the due date.  It's your licene that is at stake. Better yet, ask your accountant to do this task for you.
(c) 2016 - Association of Texas Mortgage Professionals