Summer Regulatory Summit eBook

Nonbank Mortgage Servicer Prudential Standards https://www.csbs.org/nonbank-mortgage-servicer-prudential standards • Addresses capital, liquidity, and corporate governance • Financial condition provisions align with the FHFA’s Minimum Financial Eligibility Requirements for Seller/Servicers

Strategy 2, Measure 1 MTMA • 15 states by 12/31/2023 • 25 states by 12/31/2024 • 35 states by 12/31/2025

Money Transmission Modernization Act (MTMA) Adoption Status as of 6/30/2024

Enacted

18

Enacted Partial

5

2024 In Progress

18 10

Other

Action Owner: Mary Pfaff (mpfaff@csbs.org)

Member Sponsor: Tony Salazar