NMLS Modernization is a multi-year effort to enhance NMLS and deliver an improved user experience for state regulators and industry professionals – those who rely on NMLS the most. Today, we're excited to announce the first release of system enhancements as a part of NMLS Modernization. This release sets the foundation for future major enhancements as part of the modernization
Department Accreditation What is Accreditation? The CSBS Accreditation Program involves an in-depth review of an agency’s policies, procedures, and operations to determine if it meets the standards set forth by the Performance Standards Committee (PSC). A state seeking accreditation for the first time or a state seeking its five-year re-accreditation must complete the self-evaluation questionnaire (SEQ), which includes several sections
CSBS has enhanced NMLS to provide users more self-service options to reset their username and password without having to contact the NMLS Call Center or their account administrator. This enhancement puts the ability to manage a personal task back into the hands of system users. The new username and password reset process follows best practices for maintaining secure NMLS access
CSBS has enhanced NMLS to provide industry users with a simplified account setup and management process. The new streamlined and secure process allows NMLS industry users to create one username and password to access NMLS. This enhancement improves the account management process for more than 50,000 NMLS users who have more than one account. How it works The username for
Washington, D.C. — The Conference of State Bank Supervisors (CSBS) announced today two strategic hires and a key promotion to strengthen CSBS’s advocacy efforts and advance its accreditation and workforce development vision. Sabrina Bergen joins CSBS as Chief of Staff, Policy & Supervision, effective today. She will provide cross-functional leadership across the Policy & Supervision business unit and bring her
The Conference of State Bank Supervisors (CSBS) has established a new advisory group to provide counsel and perspective to CSBS and state financial supervisors on the development and use of artificial intelligence (AI) in the financial services sector. The CSBS Artificial Intelligence Advisory Group includes experts from academic institutions, the financial industry, and nonprofit organizations. “Artificial intelligence presents significant opportunities
Download the Full Comment Letter [PDF] September 9, 2024 Consumer Financial Protection Bureau 1700 G Street NW Washington, DC 20552 Comment Intake – Mortgage Servicing c/o Legal Division Docket Manager Docket No. CFPB-2024-0024 RIN 3170-AB04 Re: Proposed Rule – Streamlining Mortgage Servicing for Borrowers Experiencing Payment Difficulties; Regulation X Dear Sir or Madam: The Conference of State Bank Supervisors 1
Effective financial regulation requires strong relationships among states and between state and federal regulators. These relationships form the basis for coordination and collaboration across a range of supervisory tools and processes. In October 2023, CSBS announced that 44 state financial agencies had reached settlements with ACI Payments, Inc., for erroneously initiating electronic transactions totaling $2.3 billion from the accounts of