Maryland Regulator Testifies on Mortgage Origination on Behalf of CSBS

Washington, D.C. – July 14, 2011 – (RealEstateRama) — Anne Balcer Norton, Deputy Commissioner of the Maryland Office of the Commissioner of Financial Regulation, testified on behalf of the Conference of State Bank Supervisors (CSBS) before the Insurance, Housing and Community Opportunity Subcommittee of the House Financial Services Committee on mortgage origination today. Norton detailed efforts by state regulators to improve and enhance mortgage regulation to better protect consumers and to strengthen the mortgage market itself, but also to ensure a diverse mortgage industry which supports a variety of business models.