State regulators believe this framework has been effective in protecting consumers. The proposed amendments to the Safeguards Rule would bolster the consumer protections ensured by the rule and would not prevent states from imposing stricter…
Jul 31, 2019
Lise Kruse testifies for before the Appraisal Subcommittee regarding a temporary waiver for appraisers in North Dakota
Jul 18, 2019
Director of the Washington State Department of Financial Institutions and CSBS Non-depository Supervisory Committee Charlie Clark testified on fintech regulation before the House Task Force on Financial Technology.
Jun 25, 2019
State regulators remain concerned about the ability of lenders to use the internet to reach borrowers in states where payday lending is restricted. The Bureau’s 2017 Rule would not have prevented illegal payday lending, but its implementation would…
Jun 11, 2019
State regulators remain concerned about the ability of lenders to use the internet to reach borrowers in states where payday lending is restricted.
May 15, 2019
CSBS has consistently maintained that access to Federal Reserve services should be restricted to eligible institutions on an equitable and impartial basis. We are concerned that this proposal assumes state supervision is substandard to federal…
May 14, 2019
CSBS has unique insight into PACE financing as many R-PACE lenders are state-supervised non- depository institutions.
May 7, 2019
In a comment letter to House Committee on Financial Services Chairwoman Maxine Waters, CSBS supported and offered suggestions to a draft amendment to the Bank Secrecy Act.
May 7, 2019