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CLOC UMD is the abbreviation for Centralized Licensing Operations Center Unlicensed Mortgage Databases.
The entities engaged in mortgage activities are required to file CLOC UMD.
To fill out CLOC UMD, the required information needs to be entered into the designated fields of the database.
The purpose of CLOC UMD is to centralize and regulate the information regarding unlicensed mortgage activities.
The information required to be reported on CLOC UMD includes details about unlicensed mortgage activities such as the entity involved, loan information, and other relevant data.
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