In an increasingly complex financial marketplace, effective regulatory oversight requires cooperation and collaboration by multiple state agencies," said AARMR
president Darin Domingue.
Bleicken, Director, Pennsylvania Bureau of Licensing, Investigation & Consumer Services of AARMR
, +1-717-346-9351, dbleicken@state.
While RegulatorConnect certification is not required by the CSBS or AARMR
, the designation offers assurance to lenders that Compliance EAGLE will help them adapt to the new exam process.
Ryan also described a new initiative being undertaken by the CSBS and AARMR
that creates a national uniform licensing application for mortgage brokers and lenders and a centralized database for housing this information.
Neil Milner, president and CEO of the Conference of State Bank Supervisors (CSBS), addressed the state regulators' standardized approach to reviews, saying, "CSBS, AARMR, and other regulatory agencies are working together across multiple states to improve regulatory enforcement and oversight in order to ensure the safety and soundness of these state-regulated financial institutions.
Current plans call for all 50 states and the District of Columbia to sign on to the new AARMR and CSBS sponsored automated examination initiative by the end of next year.
Copies are available from the AARMR
staff office in Washington at 202-466-7026.
Each year the AARMR formally recognizes the outstanding achievements of its members who participate in the advancement of the programs and missions of AARMR.
We recognize Bill Warren for his many years of service to AARMR, including teaching at our schools, serving on the advisory council and always being willing to lend a hand," said David Bleicken, president of AARMR.
According to Ryan, Quest Soft was one of the few vendors to become certified with the format created by Burlingame, California-based ComplianceEase, at the request of CSBS and AARMR