state_legiscan_drain · RI
Establishes requirements for capital, liquidity, and corporate governance including: audit, risk management, and board oversight, for nonbank mortgage servicers.
February 27, 2026
Summary
If enacted, this bill would impose new capital, liquidity, and corporate governance requirements on nonbank mortgage servicers, including mandated audits, risk management frameworks, and board oversight. The bill aims to ensure the financial stability of nonbank servicers and protect consumers from servicer insolvency risks.
Source: https://status.rilegislature.gov/
Common questions
- What does "Establishes requirements for capital, liquidity, and corporate governance including: audit, risk management, and board oversight, for nonbank mortgage servicers." cover?
- If enacted, this bill would impose new capital, liquidity, and corporate governance requirements on nonbank mortgage servicers, including mandated audits,…
- When was it published?
- It was published on February 27, 2026.
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