Supervisors Symposium - December 2023

CONFIDENTIAL

Scope Type

• 41 MMC exams since 2018 (includes the Mortgage OCOE Pilot in 2021). • 50 agencies participated in at least one MMC exam since 2018. • Avg. of 11 participating agencies per MMC exam. • Accepting and leveraging MMC exams began in 2023. o 29 agencies have/plan to accept o 19 agencies have/plan to leverage • Mortgage OCOE Protocol approved by the CSBS Board in May 2023.  2 mortgage OCOEs scheduled in 2024  10 mortgage OCOEs to be scheduled in 2025 MMC Exam Statistics

10 12 14 16 18 20

0 2 4 6 8

Mortgage Origination Mortgage Servicing

Reverse

MMC Only Coordinated

200

150

18 exams

100

23 exams

50

0

2018 2019 2020 2021 2022 Days from Onsite to ROE Issuance

MMC Only Coordinated

5

CONFIDENTIAL

MMC Examiner-in-Charge (EIC) Statistics

• Of the 50 agencies that have participated only 15 have contributed as an EIC. • MMC member states contributed the most (except DC-DISB - led 9 exams). • Benefits of serving as an EIC: Project management and exam leadership experience, and visibility as a leader in the state system. Training! • 3-day Introduction to Becoming an MMC EIC Training - Jan. 9-11, 2024, 1-4 p.m. ET. Intended for anyone interested in learning about the EIC role. The registration fee will be waived for anyone who commits to serving as the EIC on an upcoming MMC exam.

6