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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