Well, it is official! I was appointed to the Director of Consumer Services position in May. As you may recall, I was appointed to the Acting position almost exactly a year ago. And what a year it has been!
Our Division has been working hard on licensing, examinations, enforcement, and the implementation of new laws under the Consumer Loan Act (SSB 6025). We’re also planning to engage in rulemaking for payday lenders and are studying Home Equity Share Agreements.
Key Updates In This Newsletter
- An enforcement case involving an Escrow company.
- Recognition for examiner Jacob Monson, named Examiner-In-Charge for 2024.
- Our new fully functioning Cybersecurity Examination Team, led by Yulia Pine.
- Changes to the NMLS
- From the Field and the Industry pages -- consider these pages the “open book” part of your upcoming examination. Plus, those pages have information on our upcoming industry meetings, which I hope you will take advantage of.
We're Hiring
Last, we are always looking for talented industry professionals to join our team. If you are considering a change in career, please be sure to check out our current openings!
In my first year, I only have this to say – It’s good to be here!
Ali Higgs