State regulators supervise a diverse financial ecosystem. Learn how the states oversee licensed financial businesses.
State regulators oversee more than banks. State regulators also license and regulate consumer finance companies, payday lenders, check cashers, debt collectors, money service businesses, mortgage companies, mortgage loan originators, and a host of other financial services providers.
Continue reading “The State Licensing System”
Community banks offer tailored mortgages to homebuyers in local communities throughout the country. Many community banks hold those mortgages in their portfolio for the life of the loan. Continue reading “Mortgage Lending at Community Banks”
State regulators strongly support the Bank Service Company Examination Coordination Act. The BSCA, a bill introduced in the 114th Congress, is commonsense, bipartisan legislation that makes state and federal supervision more efficient and more effective.
Continue reading “Bank Service Company Examination Coordination Act”