News and Announcements

Showing results
Press Release

Innovative Financial Literacy Initiatives & Debt Resolution Education 

6/16/2021 Division of Banks

New Division of Banks Program Funds $2.25 Million in Grants for Innovative Financial Literacy Initiatives and Debt Resolution Education

News

2020 Annual Enforcement Report 

2/26/2021 Division of Banks

The Division has published the 2020 Annual Enforcement Report

News

Massachusetts Division of Banks Appoints Deputy Commissioner and General Counsel 

1/20/2021 Division of Banks

Barbara E. Keefe Appointed Deputy Commissioner and General Counsel

News

Massachusetts Division of Banks joins State Regulators and the U.S. Secret Service in issuing a Ransomware Mitigation Tool for Nonbank Companies 

12/16/2020 Division of Banks

In an effort to mitigate the rise of ransomware attacks threatening the U.S. economy state financial regulators and the U.S. Secret Service (USSS) today released a self-assessment resource for nonbank companies

Press Release

Nationstar Mortgage LLC Settlement Agreement and Consent Order 

12/07/2020 Division of Banks

Massachusetts Division of Banks joins with State and Federal Partners to Finalize Multiyear Investigation of Nationstar Mortgage, LLC d/b/a Mr. Cooper

News

Steps to Take when Called by a Debt Collector 

9/29/2020 Division of Banks

News

World Elder Financial Abuse Awareness Day 2020 

6/11/2020 Division of Banks

News

Massachusetts Division of Banks Recognizes Merrimack College Student Team Participating in National Community Bank Study Competition 

6/08/2020 Division of Banks

Commissioner commends Merrimack team for competing in Community Bank Case Study Competition

News

First Quarter 2020 Enforcement Bulletin 

5/12/2020 Division of Banks

News

Consumer Advisory: Private Student Loan Relief Announced for Massachusetts Borrowers 

4/21/2020 Division of Banks

COVID-19 impacted borrowers in Massachusetts with private student loans not covered by the CARES Act may be eligible for some relief options through a recent multi-state initiative between private student loan servicers and the MA Division of Banks

News

Division of Banks Industry Notice: Increased Cyber Activity During Times of Crisis 

4/16/2020 Division of Banks

During times of crisis, cybercriminals and nation-state actors often look to exploit financial institutions and their customers for political or financial gain or both.