State regulator group offers guidance for mortgage servicing oversight
The proposed best practices would be modeled after federal servicing standards and be used to supervise nonbanks firms subject to state regimes. ... Read full article
News Topic: Conference of State Bank Supervisors
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State regulators push bill to coordinate exams of third-party service providers
The Conference of State Bank Supervisors says state and federal regulatory coordination on third-party technology service provider exams eliminates duplication ... Read full article
With OCC wavering on fintech charter, judge drops states’ lawsuit
Judge Dabney Friedrich ruled that the case could not proceed because the OCC has not actually granted the fintech charter to any firm. ... Read full article
State regulators launch joint multistate licensing process for fintechs, MSBs
The move is mainly in response to fintech firms that have long argued that the main route to doing business is by getting a license in each state, which can be a cumbersome and repetitive process. ... Read full article