Policy Documents

CSBS expresses concern regarding the timing and focus of the request for information issued by the Consumer Financial Protection Bureau to assist the Taskforce on Federal Consumer Financial Law, given the aggravating circumstances of COVID-19.

May 4th, 2020 Office of the Comptroller of the Currency Chief Counsel’s Office 400 7th Street, SW, Suite 3E-218 Washington, DC 20219 Docket ID OCC-2019-0024 Re: Licensing Amendments.

CSBS urges Congressional action to establish a credit facility for nonbank mortgage servicers and reestablish the Transaction Account Guarantee (TAG) program for at least two years.

The Honorable Steven Mnuchin Secretary U.S. Department of the Treasury 1500 Pennsylvania Avenue, NW Washington, DC 20220 The Honorable Jovita Carranza Administrator

CSBS comments on the joint notice of proposed rulemaking issued by the Federal Deposit Insurance Corporation and the Office of Comptroller of the Currency titled “Community Reinvestment Act Regulations”.

State regulators offer legislative proposals aimed at ensuring the safety and soundness of individual state-regulated entities, the broader financial markets, and the protection of consumers and small businesses in light of the current COVID-19…

State regulators across the country have a wide diversity of views and supervisory responsibilities over financial institutions that may be (or may be interested in) providing services to cannabis-related legitimate businesses (CRLBs). This…

While the agencies are seeking to provide greater certainty as to the ability of assignees to enforce interest rate provisions of loans originated by banks, CSBS believes, as bank partnerships with nonbanks continue to increase, the “true lender”…