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 in Rhode Island. It mandates audit, risk management, and board oversight standards to ensure financial stability and consumer protection.
AI-generated summary · Jun 14, 2026. Verify with your compliance counsel before acting.
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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 in Rhode Island. It…
- When was it published?
- It was published on February 27, 2026.
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