About State Regulatory Registry LLC

The Conference of State Bank Supervisors (CSBS) in cooperation with the American Association of Residential Mortgage Regulators (AARMR) established the State Regulatory Registry LLC (SRR) on September 29, 2006. A limited-liability company, SRR is to develop and operate nationwide systems for state regulators in the financial services industry.  Such systems are intended to enhance state’s ability to protect consumers; improve supervision and enforcement of licensed entities; and streamline licensing and other processes for state agencies and the industry through the use of modern technology and centralizing redundant state agency operations.

SRR is governed by a six-member Board of Managers comprised of state regulators, chaired by Idaho Director of Finance Gavin M. Gee.  Other members of the Board of Managers include John S. Allison, Mississippi Commissioner of Banking and Finance; David Bleicken, AARMR President and Director, Pennsylvania Bureau of Licensing, Investigation & Consumer Services; Steven L. Antonakes, Massachusetts Commissioner of Banks; William Haraf, Commissioner, California Department of Financial Institutions.  Iowa Superintendent of Banking, Thomas B. Gronstal, CSBS President and CEO Neil Milner and SRR President and CEO Bill Matthews serve as ex-officio members of the Board. Milner serves as secretary, and Haraf holds the treasurer's post.

SRR currently owns and operates the Nationwide Mortgage Licensing System (NMLS) that has been developed by state mortgage regulators. NMLS begins operations on January 2, 2008 and will be used by state residential mortgage regulators to process licenses by mortgage lenders, brokers and/or professionals. In 2009, the System is scheduled to offer consumers an online public database disclosing the licensing information of firms and individuals, including any state enforcement history. 

2009 Annual Report

2008 Annual Report