1/08/2025
- Division of Banks
- Office of Consumer Affairs and Business Regulation
Fifty-three state financial regulatory agencies have taken coordinated action against mortgage company Bayview Asset Management LLC and three of its affiliates for deficient cybersecurity practices and failure to comply with state examination authority following a data breach that impacted 5.8 million customers. More information is provided in the Conference of State Bank Supervisors media release.
Division of Banks
The Division of Banks (DOB) is the chartering authority and primary regulator for financial service providers in Massachusetts. DOB's primary mission is to ensure a sound, competitive, and accessible financial services environment throughout the Commonwealth.
Office of Consumer Affairs and Business Regulation
The Office of Consumer Affairs and Business Regulation protects and empowers consumers through advocacy and education, and ensures a fair playing field for the Massachusetts businesses its agencies regulate.