CSBS
Maryland Office of the Commissioner of Financial Regulation Receives Accreditation of Mortgage Supervision Program
The Maryland Office of the Commissioner of Financial Regulation (the Office or OCFR), The Conference of State Bank Supervisors (CSBS), and the American Association of Residential Mortgage Regulators (AARMR) announced today that the OCFR has received CS...
Register Now for the 2013 NMLS Annual Conference and Training
Washington, DC - January 15, 2012 - (RealEstateRama) -- The fifth NMLS Annual Conference and Training will be held February 26 to March 1, 2013 in San Antonio, Texas. The Conference, which is open to media, is designed for both new and experienced use...
Multi-State Mortgage Committee Releases 2011 Annual Report to State Regulators
Washington, D.C. - August 21, 2012 - (RealEstateRama) -- The Multi-State Mortgage Committee (MMC) released the 2011 annual report to state regulators highlighting accomplishments of 2011 and outlook for 2012. The MMC was created in 2008 by state financ...
NMLS State, Federal Reports Provide Comprehensive Overview of Mortgage Industry
WASHINGTON, D.C. - June 6, 2012 - (RealEstateRama) -- The Conference of State Bank Supervisors (CSBS) released today its 2012 first quarter reports on state-licensed mortgage companies, branches, and individual mortgage loan originators (MLOs) in NMLS ...
State Mortgage Regulators Release Mortgage Loan Originator Compensation Guidelines
WASHINGTON, D.C. - October 17, 2011 - (RealEstateRama) -- The Multi-State Mortgage Committee (MMC), a ten-state representative body created by the Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulato...
State Regulators Release Mortgage Licensing Data Collected by NMLS; Reveals Mortgage Industry Remains Small...
Washington, D.C. - August 31, 2011 - (RealEstateRama) -- The Conference of State Bank Supervisors (CSBS) has released its first and second quarter data for state-licensed mortgage companies, branches, and individuals in the Nationwide Mortgage Licensing System & Registry (NMLS)—a mortgage licensing system owned and operated by state regulators.
State Regulators Announce 10-State Settlement with Mortgage Access Corporation D/B/A Weichert Financial Services
WASHINGTON, DC - June 3, 2011 - (RealEstateRama) -- The Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR) today announced a 10-state settlement, in which Mortgage Access Corp. d/b/a Weichert Financial Services (MAC) headquartered in Morris Plains, New Jersey, agreed to remit a $3 million penalty.
North Carolina Office of the Commissioner of Banks Receives Certificate of Mortgage Accreditation
Washington, D.C. - February 10, 2011 - (RealEstateRama) -- The Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR) announced that the North Carolina Office of the Commissioner of Banks (NCCOB), Mortgage Division, has received a certificate of accreditation for mortgage supervision, certifying that the NCCOB maintains the standards and practices in state mortgage supervision set by the CSBS and AARMR Accreditation Program. North Carolina is the eighth state to receive accreditation for mortgage supervision.
Joseph A. Smith, Jr. to Address the NMLS User Conference
Orlando, FL - February 9, 2011 - (RealEstateRama) -- Joseph A. Smith, Jr., North Carolina Commissioner of Banks, will address the Nationwide Mortgage Licensing System and Registry (NMLS) User Conference & Training today on the future of state mortgage regulation
Federal Registration of Mortgage Loan Originators Begins
Washington, DC - January 31, 2011 - (RealEstateRama) -- The Conference of State Bank Supervisors (CSBS) is pleased to announce the commencement of the federal registration of mortgage loan originators with the Nationwide Mortgage Licensing System and Registry (NMLS or the System) in accordance with the Final Rules published by the federal banking agencies and the Farm Credit Administration.
CSBS Announces Availability of All Unique State Test Components for Mortgage Loan Originators
November 17, 2010 - (RealEstateRama) -- The Conference of State Bank Supervisors (CSBS), which operates the Nationwide Mortgage Licensing System and Registry (NMLS) on behalf of state mortgage regulators, today announced unique state test components are now available for all 50 states and two territories—the District of Columbia and the Virgin Islands.
States Announce New Chair and Vice Chair of Multi-State Mortgage Committee
November 2, 2010 - (RealEstateRama) -- The Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR) announce the election of Donald DeBastiani as the chairman of the Multi-State Mortgage Committee (MMC). Charlie Fields has been elected as the vice chairman of the MMC
The Nationwide Mortgage Licensing System and Registry (NMLS) Announces Credit Report Processing for Mortgage...
November 2, 2010 - (RealEstateRama) -- The Conference of State Bank Supervisors (CSBS) today announced the launch of functionality that enables an individual to authorize a credit report through the Nationwide Mortgage Licensing System and Registry (NMLS). Beginning today, all licensed residential mortgage loan originators participating in NMLS will be required to complete the credit authorization process, regardless of any prior state requirements
CSBS Submits Comment Letter Supporting Role of Traditional Banks in Mortgage Lending
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.
Grassley, Bond Work for Accountability with Stimulus Dollars for Housing
WASHINGTON,DC - June 22, 2010 - (RealEstateRama) -- Senators Chuck Grassley and Kit Bond have sent a letter to the Secretary of the Department of Housing and Urban Development, or HUD, reiterating their concerns about possible waste, fraud and abuse in the Department’s distribution of stimulus funds to troubled Public Housing Authorities.
More Than $1 Million in Loans and Grants to Iowa from UDSA
WASHINGTON, DC - May 19, 2010 - (RealEstateRama) -- Chuck Grassley today said that the U.S. Department of Agriculture, Office of Rural Development has awarded 12 loans totaling $565,963 and 12 grants totaling $521,526 to Iowa through the Rural Energy for America Program (REAP)
Iowa Division of Banking Accredited by CSBS and AARMR
Washington, D.C. - February 22, 2010 - (RealEstateRama) -- The Conference of State Bank Supervisors and the American Association of Residential Mortgage Regulators announced today that the Iowa Division of Banking has achieved accreditation under the joint CSBS-AARMR Mortgage Supervision Accreditation Program.