CSBS Submits Comment Letter Supporting Role of Traditional Banks in Mortgage Lending
By CSBS -

October 28, 2010 – (RealEstateRama) — The Conference of State Bank Supervisors (CSBS) called for broader exemptions from rules under Regulation Z for those institutions which hold the credit risk for residential mortgage loans. The CSBS comment letter was in response to the Federal Reserve Board’s (FRB) Proposed Rule on Regulation Z.


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CSBS
http://www.csbs.org/

The Conference of State Bank Supervisors (CSBS) is the nationwide organization for state banking, representing the bank regulators of the 50 states, the District of Columbia, Guam, Puerto Rico and the Virgin Islands, and approximately 6,200 state-chartered financial institutions.

The Conference is responsible for defending state authority to determine banking structure and the products and services state-chartered institutions can offer and for improving the quality of state bank supervision by providing department performance evaluation and accreditation programs and supervisory education/training programs for state banking department personnel.
 
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Bill Matthews
Senior Vice President
Phone: 202/728-5711

1155 Connecticut Ave NW, 5th Floor
Washington, DC 20036-4306

Phone: 202.296.2840
Fax: 202.296.1928

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