Twelve state regulators attend these meetings, with two each representing the state regulatory trade groups: the CSBS; AARMR; Money Transmitter Regulators Association (MTRA); National Association of Consumer Credit Administrators (NACCA); North American Collection Agency Regulatory Association (NACARA); and National Association of State Credit Union Supervisors (NASCUS).
The MMC was established by CSBS and AARMR in 2008 as the oversight body for multistate mortgage supervision.
(176.) The AARMR
is a corporation formed to promote the exchange of information among state employees who are responsible for the administration and regulation of mortgage brokers and mortgage lending.
At the AARMR
meeting, meanwhile, several other speakers offered up some notable quotes.
American Association of Residential Mortgage Regulators 14-17 (AARMR
) Annual Regulatory Conference, Boston, MA [www.aarmr.org/annual-conference.html] Aug.
American Association of Residential Mortgage Regulators 14 - (AARMR
) Annual Regulatory Conference, 17 Boston [www.aarmr.org/annual - conference.html] More information on MBA events can be found at www.mortgagebankers.org/conferences.
In 2008, the Conference of State Bank Supervisors (CSBS) and American Association of Res idential Mortgage Regulators (AARMR
) reconstructed the examination process for multistate lenders.