The NMLS team is focused on enhancing the NMLS user experience (UX) to ensure the improved system is intuitive and user-friendly. The NMLS team recently conducted a card sorting exercise with 40 NMLS users to better understand the best way to organize menus and pages within the system. Read further to find out why card sorting is a valuable exercise

The Federal Financial Institutions Examination Council’s (FFIEC) State Liaison Committee (SLC) today announced the re-election of Charles G. Cooper as SLC Chairman. The SLC Chairman’s one-year term runs from May 1 until April 30 of the following year. The SLC can re-elect the Chairman for additional terms. Cooper has been a member of the SLC and served as its Chairman

The Federal Financial Institutions Examination Council (FFIEC) today announced the selection of Greg Gonzales to the FFIEC’s State Liaison Committee (SLC). Gonzales’s term runs from May 1, 2024, through April 30, 2026. Gonzales is the Commissioner of the Tennessee Department of Financial Institutions, a position he has held since 2005. As Commissioner, he serves as Tennessee’s chief regulatory officer of

CSBS and state regulators work together to create consistent regulatory standards for nonbank firms through the adoption of model laws. CSBS’s model laws provide a clear nationwide framework for state legislatures to enact and state regulatory agencies to implement. Model laws provide businesses with consistent requirements and promote common standards and practices across the state system, ultimately benefiting consumers. Explore

Statement by Superintendent Adrienne A. Harris New York State Department of Financial Services on The Report on Nonbank Mortgage Servicing by the Financial Stability Oversight Council First, I would like to acknowledge the work of the FSOC Secretariat, Federal Reserve, and Ginnie Mae staff who led the drafting of the report. I am proud to be here today representing the

Washington, D.C. – Today, the Financial Stability Oversight Council (FSOC) released a report on nonbank mortgage servicing, including far-reaching recommendations with potentially significant consequences for the United States mortgage market and American home buyers. The Conference of State Bank Supervisors (CSBS) applauds the leadership of New York State Department of Financial Services Superintendent Adrienne Harris, the state representative on the

Misconceptions Misconception: Regulation of nonbank mortgage companies is lax or non-existent. As the primary regulator of nonbanks, states have broad licensing, examination, investigation, and enforcement authorities. Prudential standards, including financial capacity (i.e., net worth/capital and liquidity), governance, and risk management requirements, are also a matter of state law enforced by state regulators. 1 The Nationwide Multistate Licensing System and Registry

Washington, D.C. – The Conference of State Bank Supervisors (CSBS) today announced the election of Washington State Department of Financial Institutions Director Charlie Clark as the new chair of the Board of Directors. CSBS also elected new officers for 2024-25 during its annual meeting. Chair Clark presented his annual committee chair appointments in the CSBS board meeting that immediately followed. Newly