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Industry Advisories - Financial Regulation

The Office of Financial Regulation issues advisories for the industries and activities regulated by the Commissioner, including but not limited to licensed or registered financial service businesses and state-chartered financial institutions. Industry advisories provide time-sensitive regulatory notifications or policy-related guidance.

Most industry advisories are available on our website for two years or more after issuance; certain policy-related advisories will remain indefinitely (or until they are determined to be no longer relevant). All advisories are downloadable as a pdf unless otherwise indicated.

Subscribe to receive OFR advisories here. Please add “md-dllr-ocfr@info.maryland.gov” to your email contacts to help prevent OFR communications from being blocked by your email provider’s security features.

 2024 ADVISORIES

REGULATED ACTIVITY OR INDUSTRY

ISSUE DATE
(mm/dd/yyyy)

ADVISORY TITLE

TYPE OF ADVISORY

consumer lending; debt collection 11/18/2024 Pharmacy Benefits Managers: Maryland Collection Agency Licensure guidance
all licensed financial service providers 11/12/2024 RENEWAL REMINDERS (Maryland) guidance
consumer lending; mortgage lending 10/17/2024 Reminder: Updates to Notice of Intent to Foreclose Forms Effective October 22, 2024 (Maryland) alert
consumer lending; mortgage lending 10/09/2024 Updates to Foreclosure Form: Request for Foreclosure Mediation guidance
consumer lending; mortgage lending 10/04/2024 Updates to Notice of Intent to Foreclose Forms: Revised Forms Now Available for Preview (Maryland) alert
consumer lending; mortgage lending 09/17/2024 Updates to Notice of Intent to Foreclose Forms (Maryland) alert
consumer lending 08/26/2024 Two New Laws Prohibit Reporting on Certain Criminal Records and Limit Use of Expired Information in Consumer Credit Reports guidance
licensed non-depository financial services 07/15/2024 Notice of Proposed Regulation: Elimination of Branch Licensing guidance
mortgage lending 07/15/2024 Notice of Proposed Regulation: Shared Appreciation Agreements guidance
money transmission 07/01/2024 Maryland Office of Financial Regulation Orders Sigue Corporation to Cease Money Transmission Activity alert
consumer lending; mortgage lending 05/13/2024 2024 Assessment of Licensed Persons notice
mortgage servicing; debt collection; foreclosure 05/01/2024 Foreclosure Registration System: Issues Regarding Submissions by Third Parties guidance
student loan servicing 02/28/2024 Supplemental Guidance on the Student Financing Company Act guidance
state-chartered banks and credit unions 02/27/2024 Alert on Scams Involving Cryptocurrency ATMs alert
state-chartered banks and credit unions 1/29/2024 Notice of Availability of Application for Maryland State Chartered Banks and Credit Unions to Earn Annual Assessment Fee Credit notice

* Amended and/or restated by a subsequent advisory.

Industry Advisories Issued Before the Current Calendar Year