Fall Regulatory Summit
Internal Use Only
15 states in total adopt MTMA by 12/31/2023, 25 states adopt by 12/31/2024, and 35 states adopt by 12/31/2025. 7 states adopt prudential standards by 12/31/2023, 15 states adopt by 12/31/2024, and 25 states adopt by 12/31/2025. 2 states adopt model data security law or equivalent by 12/31/2023, 10 states adopt by 12/31/2024, and 20 states adopt by 12/31/2025. The “Model Laws”
Strategy 2, Measure 1 MTMA Strategy 2, Measure 3 Prudential Standards
Strategy 2, Measure 4 Model Data Security Law
Action Plan Highlights
Collaborate and coordinate efforts of the three model law project teams • Surveys, resources to assist state adoption, tracking and reporting structures, roadmaps, etc.
Ongoing
Internal Use Only
Prudential Standards for Nonbank Mortgage Servicers Adoption Status – 8/1/2023
Strategy 2, Measure 3 Prudential Standards • 7 states by 12/31/2023 • 15 states by 12/31/2024 • 25 states by 12/31/2025
Enacted
6 2 3
Enacted Partial 2023 In Progress 2024 In Progress
16 24
Other
Action Owner: Kevin Byers (kbyers@csbs.org)
Member Sponsor: Charlie Clark
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