I head to Colorado Springs this morning, the scene of $3,000 mountain bikes in bike racks on top of $500 cars. There are roughly 380 bank branches in the city, including mortgage lender NBH. On the flip side, do you work at a non-depository bank, like a mortgage bank or broker? You should know that the Treasury’s Financial Stability Oversight Council voted unanimously to issue (for public comment) new proposed interpretative guidance on the Council’s procedures for designating nonbank financial companies for Federal Reserve supervision and enhanced prudential standards to replace the Council’s existing guidance and describes the procedural steps the Council would take in considering whether to designate a nonbank financial company. This follows the Consumer Financial Protection Bureau's (CFPB) proposal to bring more nonbank financial companies under its direct supervision. (Today’s podcast can be found here and is sponsored by LoanCare, a Fidelity National Financial (NYSE: FNF) division and award-winning developer of the most sophisticated mortgage servicing portfolio management tool, LoanCare Analytics, built to support MSR investors with a focus on customer engagement, liquidity, and credit risk. Hear an interview with Paul Gigliotti on Mortgage Innovators Conference 2023. Chrisman Commentary LENDERS can attend the Mortgage Innovators Conference for free! Register here.) Lender and Broker Services, Products, and Software Optimal Blue is helping credit unions take their secondary marketing strategies to new heights! Join them in the Rockies at the ACUMA Regional Summit in Aurora, CO on May 15 and 16. Optimal Blue is proud to sponsor the event as part of its continued strong relationship with ACUMA and its members. Credit unions across the U.S. rely on Optimal Blue for its unrivaled technology that supports product and pricing, hedging, MSR valuation and more. And while you’re in Colorado, don’t miss Andy Walden, Black Knight’s VP of enterprise research, as he discusses some of the latest trends happening in the mortgage finance and housing markets. We’ll see you at the Summit!