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MSR Task Force 

Options for Regulatory Prudential Standards for Non-Bank Servicers

After engagement with industry participants, state and federal regulators, and other stakeholders, CSBS has evaluated establishing a set of prudential regulatory standards that would apply to non-bank mortgage servicing companies. Given their licensing and credentialing authority over non-bank mortgage servicers, state regulators play a central role and have a responsibility to ensure these entities conduct their servicing operations in a safe and sound manner and have strong consumer protections in place.

The proposed regulatory prudential standards for non-bank mortgage services is available here.

The questions for public comment are available here.

Due Date

Public comments on establishing a set of prudential regulatory standards that would apply to non-bank mortgage servicing companies are due June 23, 2015.

Contact Information

For questions, please email NBMS@csbs.org.

 
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