Industry Advisories - Financial Regulation
The Office of Financial Regulation issues advisories for the industries and activities regulated by the Commissioner, including but not limited to licensed or registered financial service businesses and state-chartered financial institutions. Industry advisories provide time-sensitive regulatory notifications or policy-related guidance.
Most industry advisories are available on our website for two years or more after issuance; certain policy-related advisories will remain indefinitely (or until they are determined to be no longer relevant). All advisories are downloadable as a pdf unless otherwise indicated.
Subscribe to receive OFR advisories here. Please add “md-dllr-ocfr@info.maryland.gov” to your email contacts to help prevent OFR communications from being blocked by your email provider’s security features.
|
|||
REGULATED ACTIVITY OR INDUSTRY |
ISSUE DATE |
ADVISORY TITLE |
TYPE OF ADVISORY |
all licensed financial service providers | 11/21/2023 | RENEWAL REMINDERS (Maryland) | guidance |
mortgage servicing; debt collection; foreclosure | 10/25/2023 | Termination of the Homeowner Assistance Fund and Servicer Obligations | guidance |
student loan servicing | 10/03/2023 | Guidance on the Student Financing Company Act | guidance |
money transmission | 09/28/2023 | Notice of Reproposed Changes to Regulation: Money Transmitters | notice |
mortgage lending | 09/27/2023 | Notice of Proposed Regulation: Mortgage Examination | notice |
consumer lending | 08/01/2023 | Guidance on Earned Wage Access Products | guidance |
consumer lending; mortgage lending |
07/31/2023 | Guidance on Residential Property Service Agreements | guidance |
all licensed financial service providers | 06/26/2023 | Changes to Maryland Licensing Law Effective July 1, 2023 | notice |
money transmission |
06/22/2023 |
Enforcement Actions by Maryland’s Attorney General: Potential Impact on Money Transmitter Licensure |
guidance |
consumer lending; mortgage lending |
06/05/2023 |
guidance |
|
money transmission |
02/28/2023 |
Notice of Proposed Changes to Regulation – Money Transmitters |
notice |
mortgage servicing; debt collection; foreclosure |
01/05/2023 |
notice |
* Amended and/or restated by a subsequent advisory.