"When one door closes, sometimes we need to turn the knob to open another."

- J.A. Tran

2023 CSBS Annual Report is Live Online!

The 2023 CSBS Annual Report is now live on the CSBS website. The CSBS Annual Report shares how state regulators are strengthening the dual-banking system, collaborating with their peers in the federal government and coordinating with one another in the licensing of non-depository companies.

This report is a resource to share the work of CSBS and the value of the state banking system.

Stay Informed on NMLS Modernization

We are continually adding information to the NMLS Modernization web page to keep you up to date with upcoming NMLS enhancements. Check out newly added FAQs about why we are enhancing NMLS and how regulator and industry users will benefit from system improvements.

More Stories

Community Bankers’ Economic Outlook Still Pessimistic but Shows Upswing

Washington, D.C. – Community bankers are showing slightly more confidence in future economic conditions but still have concerns, especially about regulatory burden, according to the latest Community Bank Sentiment Index (CBSI), released by the Conference of State Bank Supervisors (CSBS).

The CBSI increased by 6 points in the first quarter of 2024 to 98 points, its highest level in two years. This is the third consecutive quarterly increase; however, the CBSI is still slightly below the neutral level of 100 points. Compared to last quarter, six of the seven components improved, but concerns about regulatory burden, future business conditions, and future profitability continue to put downward pressure on the index.

State Financial Regulators and FHFA Enter Into Mortgage Market Information Sharing Agreement

Washington, D.C. – The Conference of State Bank Supervisors (CSBS) and the Federal Housing Finance Agency (FHFA) entered into a formal agreement designed to facilitate information sharing with respect to nonbank mortgage companies.  

The memorandum of understanding establishes substantive information sharing protocols between state financial regulators and FHFA, improving the ability to coordinate on market developments, identify and mitigate risks, and ultimately, further protect consumers, taxpayers, and the nation’s housing finance system.

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