CSBS announces the launch of MSB Networked Supervision, a state-led initiative which dramatically streamlines the licensing requirements for nationwide money transmitters.
The CSBS model state regulatory prudential standards for nonbank mortgage servicers establish common financial capacity, governance, and risk management requirements for nonbank mortgage servicers.
Opening Remarks By CSBS Board of Directors Chair Tony Salazar State Federal Supervisory Forum Arlington, Va. May 21, 2025 Introduction Thank you, Sebastien, for that introduction, and thank you, Commissioner Face, for hosting us here in Virginia. It is an absolute pleasure to welcome everyone to the State Federal Supervisory Forum and to give my first official remarks as the
In revising its existing procedures and standards with respect to CIDs and associated processes, we encourage the CFPB to do so in a manner that recognizes that state regulators serve as the primary regulators of non-depositories
Bureau of Consumer Financial Protection Office of Management and Budget Attn: OMB Desk Officer New Executive Office Building, Room 10235 Washington, DC 20503 Docket No. BCFP-2018-00024 Re: Request for Comment Regarding the Bureau’s Consumer Complaint Intake System Company Portal Boarding Form Dear Office of Management and Budget: The Conference of State Bank Supervisors (“CSBS” or “state regulators”) appreciates the opportunity
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
Download the Full Comment Letter [PDF] The Honorable Russell Vought Acting Director Consumer Financial Protection Bureau 1700 G Street NW Washington, DC 20552 Re: Executive Order 14219 – Rescission of CFPB Nonbank Registry Regulation Dear Acting Director Vought: In furtherance of Executive Order (“EO”) 14219, the Conference of State Bank Supervisors (“CSBS”) recommends formal rescission of the Registry of Nonbank
CSBS encourages the CFPB to recognize that state regulators, through their licensing and supervisory authority, serve as the primary regulators of non-depository financial services providers.