Everybody uses the money services business (MSB) industry, but few people know the terminology. MSBs are a broad category of financial services we all use in everyday life, just not at the bank.
Jan 11, 2018
The purpose of this paper is to outline the state system of supervision of MSBs in order to make clear the existence, structure and degree of an established regulatory system for MSBs.
Nov 16, 2017
In addition to banks, state regulators also license and regulate several other non-bank financial services providers.
Oct 30, 2017
In recent years, there has been a significant growth of mortgage servicing assets in non-depository servicers. These firms provide a critical function in our housing finance system.
Jan 1, 2016