Guest: Melissa Puccinelli, CSBS Manager of Non-Bank Supervision Introduction If you’ve been paying attention to state supervision lately, you’ve probably heard the phrase “Vision 2020” several times. Vision 2020 has been an initiative to modernize and enhance the state supervisory system in a way that makes licensing, examination and supervision easier, safer and more effective. When the work launched in
In this week's episode, we talk with CSBS's CISO Todd Scharf and learn about how ransomware can impact consumers and employees. We also cover common red flags and how consumers can protect themselves from ransomware attacks.
Guests Jim Park, Executive Director, Appraisal Subcommittee Greg Gonzales, Commissioner, Tennessee Department of Financial Institutions Today, we discuss what appraisers do, why they matter, what it takes to become an appraiser and the challenges and opportunities facing the industry today. Chapters 0:13 - What is an appraiser? 2:00 - Why do some loan sales need an appraisal? 5:08 - Are
Washington, D.C. – The Conference of State Bank Supervisors (CSBS) and the Federal Housing Finance Agency (FHFA) yesterday entered into a formal agreement designed to facilitate information sharing with respect to nonbank mortgage companies. The memorandum of understanding establishes substantive information sharing protocols between state financial regulators and FHFA, improving the ability to coordinate on market developments, identify and mitigate
Community banker sentiment remains negative for a ninth straight quarter, but things are looking up; in the first quarter of 2024, the Community Bank Sentiment Index (CBSI) reached its highest level recorded since 2021. CSBS Chief Economist Tom Siems joins us today to look deeper into the driving forces behind community banker negativity, why their negative sentiment is trending toward
Statement by Superintendent Adrienne A. Harris New York State Department of Financial Services on The Report on Nonbank Mortgage Servicing by the Financial Stability Oversight Council First, I would like to acknowledge the work of the FSOC Secretariat, Federal Reserve, and Ginnie Mae staff who led the drafting of the report. I am proud to be here today representing the
CSBS continues to advocate for state authority as policymakers discuss and debate the role of regulation in a rapidly evolving financial services sector. The House Financial Services Committee passed the Bank Service Company Examination Coordination Act in February 2023, priming the bill for full passage during the current Congress. Along with a coalition of partners, CSBS also helped advance the
Washington, D.C. – Today, the Financial Stability Oversight Council (FSOC) released a report on nonbank mortgage servicing, including far-reaching recommendations with potentially significant consequences for the United States mortgage market and American home buyers. The Conference of State Bank Supervisors (CSBS) applauds the leadership of New York State Department of Financial Services Superintendent Adrienne Harris, the state representative on the
Teams will examine how banks are planning for the future Washington, D.C. – Thirty-four student teams from 28 colleges and universities across the nation have entered the 2023 CSBS Community Bank Case Study Competition. Each team has partnered with a local community bank to learn how it is recruiting and retaining talent, approaching succession planning and using technology to advance
Privacy Notice CSBS Privacy Notice 1 Introduction The Conference of State Bank Supervisors, State Regulatory Registry (“SRR”), and CSBS Education Foundation (“CSBSEF”), (collectively, “CSBS”), have a duty to protect and minimize exposure of personal information – a duty CSBS takes very seriously. This Privacy Notice (“Notice”) covers CSBS’ practices for collecting and processing personal information about individuals including but not
