A map of state authority to supervise payday lenders. Describes whether payday lending is legal, relevant law, whether a license is required, and more.
May 4th, 2020 Office of the Comptroller of the Currency Chief Counsel’s Office 400 7th Street, SW, Suite 3E-218 Washington, DC 20219 Docket ID OCC-2019-0024 Re: Licensing Amendments. The Conference of State Bank Supervisors (CSBS) 1 writes to express its disappointment that the Office of the Comptroller of the Currency (OCC) has—in the midst of a global pandemic which has
Non-depository Financial Services Regulators The following state agencies license non-depository financial services on the Nationwide Multi-State Licensing System (NMLS). Alabama State Banking Department of Alabama Alabama Securities Commission Alaska Alaska Department of Commerce, Community & Economic Development American Samoa Arizona Arizona Department of Financial Institutions Arkansas Arkansas Securities Department California California Department of Business Oversight California Department of Real Estate
CSBS expresses concern regarding the timing and focus of the request for information issued by the Consumer Financial Protection Bureau to assist the Taskforce on Federal Consumer Financial Law, given the aggravating circumstances of COVID-19.
CARES Act Forbearance Provisions The mortgage relief provided by the CARES Act 1 has prompted questions regarding the Act’s forbearance provisions. Mortgage companies navigating federally backed mortgage lending and servicing requirements during the National Emergency Concerning the Novel Coronavirus Disease (COVID-19) Outbreak, must, among other things, abide by the CARES Act, federal regulations, and investor servicing guidelines. Statutory Overview The
In this new video, CSBS experts review the basics of capital regulation and explain how the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018 (S. 2155) changes capital regulation for community banks.