Forty-eight state financial agencies in 47 states have reached a $15.5 million settlement with one of the nation’s largest mortgage servicers for improperly imposing “force-placed” insurance costs on borrowers who already had active homeowners insurance policies.

Mississippi’s Rhoshunda Kelly was elected Chair of the CSBS Board of Directors on May 12. This is her fifth year serving on the CSBS Board of Directors Executive Committee. 

The GENIUS Act one-year anniversary isn’t just a sentimental milestone. It marks the statutory deadline for Treasury and the federal banking agencies to issue most of the implementing regulations.

The second quarter 2026 Community Bank Sentiment Index (CBSI) registered 129, down slightly from 131 in the previous quarter and four points below the record high of 133 reached in late 2025.