When the Maui Wildfires devasted the island and destroyed the town of Lahaina, state and federal mortgage regulators came together to help victims who lost their homes and livelihoods. Guests In order of appearance: Iris Ikeda - Commissioner of Financial Institutions, Hawaii Department of Commerce and Consumer Affairs Julia Gordon - Assistant Secretary for Housing and Federal Housing Commissioner, The
Read the Full Letter [PDF] The Honorable Patrick McHenry Chairman House Financial Services Committee Washington, DC 20515 The Honorable Maxine Waters Ranking Member House Financial Services Committee Washington, DC 20515 Chairman McHenry and Ranking Member Waters, On behalf of the Conference of State Bank Supervisors, 1 I write to relay our concerns with the U.S. Securities and Exchange Commission’s (SEC)
Download the Comment Letter [PDF] Consumer Financial Protection Bureau 1700 G Street NW Washington, DC 20552 Comment Intake – 2024 NPRM Overdraft c/o Legal Division Docket Manager Docket No. CFPB-2024-0002 RIN 3170-AA42 Re: Proposed Rule – Overdraft Lending: Very Large Financial Institutions Dear Sir or Madam: The Conference of State Bank Supervisors 1 (“CSBS”) provides the following comments on the
Why is NMLS being modernized? CSBS is modernizing NMLS because it is a priority that we maintain operational excellence for our state agency and industry users. We are committed to improving the user experience. Specifically, we’re focused on making enhancements to improve system performance and alleviate user pain points. What do you mean when you say “modernizing” NMLS? Does that
The banking industry continued to exhibit signs of greater liquidity stress through the third quarter of 2016. However, the type of liquidity risks faced by banks seems to differ based on their size and business model. For instance, while small banks are showing signs of tighter on-balance sheet liquidity, larger banks (particularly thrift institutions) are showing an increased dependence on