Banking Department Helps Set National Standards For State Mortgage Regulation
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Banking Department Helps Set National Standards For State Mortgage Regulation

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HARRISBURG, PA – September 11, 2009 – (RealEstateRama) — Details of a new, national accreditation program for state mortgage regulators will be published in the Pennsylvania Bulletin on September 12, allowing for its adoption by other states. 

The American Association of Residential Mortgage Regulators (AARMR) and Conference of State Bank Supervisors (CSBS) Mortgage Accreditation Program was developed with assistance from the Pennsylvania Department of Banking and other state mortgage regulators to ensure that state agencies overseeing the mortgage industry perform their duties effectively.

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The mission of the Department of Banking is to protect the public from financial abuse, promote financial education, ensure the safety and soundness of depository institutions and foster a strong economy for all Pennsylvanians. The Department reminds consumers that not all credit cards are created equal. To learn more about credit cards, visit www.moneysbestfriend.com.

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