State offices and all DLLR physical locations will be closed to the public December 24 & December 25, 2014. However, Unemployment Insurance telephone and Web operations WILL be available on Wednesday, December 24.

Office of the Commissioner of Financial Regulation

 

Commissioner's Speeches, Articles, Testimony, and Reports to the Legislature

 

Documents are available in Word format, download Word viewer for free or PDF format, download Adobe Acrobat Reader for free

 

Articles and Speeches

Maryland General Assembly Testimony

Testimony 2014

  • Testimony in Support of House Bill 723 -Money Transmission-Protection of Older Adults from Financial Abuse and Financial Exploitation - Mark Kaufman, Commissioner of Financial Regulation - Senate Finance Committee – March 26, 2014
  • Testimony in Support of House Bill 923 - Income Tax Subtraction Modification - Mortgage Forgiveness Debt Relief - Mark Kaufman, Commissioner of Financial Regulation - Senate Budget and Taxation Committee – March 25, 2014
  • Testimony in Support of House Bill 704 - Commercial Law- Debt Settlement Services - Sunset and Reporting Extension - Mark Kaufman, Commissioner of Financial Regulation - Senate Finance Committee – March 25, 2014
  • Testimony in Support with Amendment of House Bill 1166 - Maryland Second Chance Act of 2014 - Mark Kaufman, Commissioner of Financial Regulation - House Judiciary Committee – March 11, 2014
  • Testimony in Support with Amendment of Senate Bill 1056 - Maryland Second Chance Act of 2014 - Mark Kaufman, Commissioner of Financial Regulation - House Judicial Proceedings Committee – March 11, 2014
  • Testimony in Support of House Bill 923 - Income Tax - Subtraction Modification - Mortgage Forgiveness Debt Relief - Mark Kaufman, Commissioner of Financial Regulation - House Ways and Means Committee – March 7, 2014
  • Testimony in Support of Senate Bill 596 - Income Tax - Subtraction Modification - Mortgage Forgiveness Debt Relief - Mark Kaufman, Commissioner of Financial Regulation - Senate Budget and Taxation Committee – February 26, 2014
  • Testimony in Support with Amendments of House Bill 1032 - Consumer Debt Collection- Statute of Limitations (Maryland Zombie Debt Act) - Mark Kaufman, Commissioner of Financial Regulation - Presented before the House Economic Matters Committee – February 21, 2014
  • Testimony in Support of House Bill 595 - Real Property - Foreclosure of Residential Property- Certified Community Development- Financial Institutions - House Environmental Matters Committee – February 19, 2014
  • Testimony in Support with Amendments of House Bill 723 - Money Transmission - Protection of Elder Adults from Financial Abuse and Financial Exploitation - Training- House Economicl Matters Committee – February 19, 2014
  • Testimony in Support of Senate Bill 583 - Commercial Law - Interest and Usury - Interest on Escrow Accounts and Special Purpose Savings Accounts - Mark Kaufman, Commissioner of Financial Regulation - Senate Finance Committee – February 18, 2014 (PDF document, 239KB)
  • Testimony in Support of House Bill 417 with Amendment - Business Regulation - Collection Agency Definition - Mark Kaufman, Commissioner of Financial Regulation and Chair of the Collection Agency Licensing Board - House Economics Matters Committee – February 12, 2014 (PDF document, 430KB)
  • Testimony in Support of House Bill 704 - Commercial Law - Debt Settlement Services - Sunset and Reporting Extension - Mark Kaufman, Commissioner of Financial Regulation - Presented Before the House Economic Matters Committee – February 12, 2014 (PDF document, 95KB)
  • Testimony in Support of House Bill 274 - Civil Actions – Statute of Limitations for Certain Specialties and Motion for Certain Deficiency Judgments - Mark Kaufman, Commissioner of Financial Regulation - Presented Before the House Environmental Matters Committee – February 6, 2014 (PDF document, 327KB)
  • Testimony in Support of Senate Bill 160 - Commercial Law - Debt Settlement Services - Sunset and Reporting Extension - Mark Kaufman, Commissioner of Financial Regulation - Presented Before the Senate Finance Committee - January 21, 2014 (PDF document, 96KB)

Testimony 2013

  • Testimony in Support of House Bill 1368 - Commissioner of Financial Regulation – Regulation of Mortgage Lenders, Mortgage Loan Originators, and Money Transmitters – Revisions - Mark Kaufman, Commissioner of Financial Regulation - Presented Before the House Economic Matters Committee - March 20, 2013 (PDF document, 90KB)
  • Testimony in Support of Senate Bill 383 - Real Property – Stopping Fraud in Mortgage Assistance Relief Services - Mark Kaufman, Commissioner of Financial Regulation and Anne Balcer Norton, Deputy Commissioner of Financial Regulation - Presented Before the Judicial Proceedings Committee - March 13, 2013 (PDF document, 129KB)

Testimony 2012

  • Testimony in Support of Senate Bill 580 - Income Tax - Subtraction Modification - Mortgage Forgiveness Debt Relief - Anne Balcer Norton, Deputy Commissioner of Financial Regulation - Presented Before the Budget and Taxation Committee - March 13, 2012 (PDF document, 80KB)
  • Testimony in Support of Senate Bill 792 - State Procurement - Banking Services Preference-Lend Local Act of 2012 - Mark Kaufman, Commissioner of Financial Regulation - Presented Before the Senate Finance Committee - February 21, 2012 (Word document, 28KB)
  • Testimony in Support of House Bill 571 - State Procurement - Banking Services Preference-Lend Local Act of 2012 - Mark Kaufman, Commissioner of Financial Regulation - Presented Before the House Economic Matters Committee - February 21, 2012 (Word document, 28KB)
  • Testimony in Support of Senate Bill 546 - Financial Institutions - Mortgage Lenders and Mortgage Loan Originators - Anne Balcer Norton, Deputy Commissioner of Financial Regulation - Presented Before the Finance Committee - February 21, 2012 (Word document, 34KB)
  • Testimony in Support of Senate Bill 545 - Money Transmitters - Nationwide Licensing System and Examination Fees - Support with Amendment - Anne Balcer Norton, Deputy Commissioner of Financial Regulation - Presented Before the Finance Committee - February 21, 2012 (Word document, 34KB)
  • Testimony in Support of Senate Bill 302 - Financial Institutions - Commissioner of Financial Regulation - Investigative and Enforcement Powers and Regulation of Mortgage Lenders - Mark Kaufman, Commissioner of Financial Regulation - Presented Before the Senate Finance Committee - February 21, 2012 (PDF document, 271KB)
  • Testimony in Support of Senate Bill 290 - Commissioner of Financial Regulation - Financial Institutions - Financial Institutions - Reorganization - Mark Kaufman, Commissioner of Financial Regulation - Presented Before the Senate Finance Committee - February 7, 2012 (Word document, 36KB)
  • Testimony in Support of Senate Bill 303 - Credit Regulation - Debt Management Services - Agreement and Prohibited Acts - Mark Kaufman, Commissioner of Financial Regulation - Senate Finance Committee - February 7, 2012 (Word document, 34KB)

Testimony 2011

Testimony 2010

  • Testimony in Support of House Bill 1136 - as Amended, Nondepository Trust Company Receiverships Permitting Conversion of Federal Savings Banks to State Charter – Sarah Bloom Raskin, Commissioner of Financial Regulation – April 1, 2010 – Senate Finance Committee  (PDF document, 2.3MB)
  • Testimony in Support of House Bill 1152 - Commissioner of Financial Regulation – Applicant and Staff Criminal Background Checks – Sarah Bloom Raskin, Commissioner of Financial Regulation – April 1, 2010 – Senate Finance Committee (PDF document, 1.5MB)
  • Testimony in Support of House Bill 402 - as Amended The State Collection Agency Licensing Board by Commissioner Sarah Bloom Raskin, Chairman of the Board, Stephen Hannan, Member and Susan Hayes, Member – March 31, 2010 – Senate Finance Committee (PDF document, 2.1MB)
  • Testimony in Support of House Bill 79 - Commercial Law – Credit Services Businesses – Sarah Bloom Raskin, Commissioner of Financial Regulation – March 25- Senate Finance Committee (PDF document, 2.2MB)
  • Testimony in Support of House Bill 1400 - Commissioner of Financial Regulation – Financial Education Resources Clearinghouse – Sarah Bloom Raskin, Commissioner of Financial Regulation - March 23, 2010 – House Ways and Means Committee (PDF document, 1.4MB)
  • Testimony in Support of Senate Bill 1036 - Commissioner of Financial Regulation – Financial Education Resources Clearinghouse – Sarah Bloom Raskin, Commissioner of Financial Regulation – March 23, 2010 – Senate Finance Committee (PDF document, 1.4MB)
  • Testimony in Support of Senate Bill 878 - Reverse Mortgage Homeowners Protection Act – Mark Kaufman, Deputy Commissioner of Financial Regulation – March 23, 2010 – Senate Finance Committee  (PDF document, 3.3MB)
  • Testimony in Support of House Bill 1331 - Civil Litigation Funding – Sarah Bloom Raskin, Commissioner of Financial Regulation – March 17, 2010 – House Judiciary Committee (PDF document, 2.1MB)
  • Testimony in Support of House Bill 1254 - with Amendments, Credit Regulation – Mortgage Brokers- Charges – Sarah Bloom Raskin, Commissioner of Financial Regulation - March 11, 2010 – House Economic Matters  (PDF document, 745KB)
  • Testimony in Support of Senate Bill 943 - with Amendments Credit Regulation – Mortgage Brokers-Charges – Sarah Bloom Raskin, Commissioner of Financial Regulation – March 10, 2010 – Senate Finance Committee  (PDF document, 683KB)
  • Testimony in Support of Senate Bill 831 - Civil Litigation Funding – Mark Kaufman, Deputy Commissioner of Financial Regulation – March 9, 2010 – Senate Judicial Proceedings Committee (PDF document, 2.2MB)
  • Testimony in Support of House Bill 1206 - Commercial Law – Consumer Protection Refund Anticipation Loans and Checks – Sarah Bloom Raskin, Commissioner of Financial Regulation – March 9, 2010 – House Economic Matters Committee (PDF document, 1.5MB)
  • Testimony in Support of House Bill 1152 - Commissioner of Financial Regulation – Applicant and Staff Criminal Background Checks – Mark Kaufman, Deputy Commissioner of Financial Regulation – March 4, 2010 – House Economic Matters Committee (PDF document, 1.4MB)
  • Testimony in Support of House Bill 1136 - Nondepository Trust Company Receiverships Permitting Conversion of Federal Savings Banks to State Charter – Sarah Bloom Raskin, Commissioner of Financial Regulation – March 4, 2010 – House Economic Matters Committee  (PDF document, 2.1MB)
  • Testimony in Support of Senate Bill 878 - Reverse Mortgage Homeowners Protection Act – Mark Kaufman, Deputy Commissioner of Financial Regulation – March 2, 2010 – Senate Finance Committee   (PDF document, 3.4MB)
  • Testimony in Support of Senate Bill 787 - with Amendments Mortgage Lenders – Net Worth Requirements – Sarah Bloom Raskin, Commissioner of Financial Regulation – March 2, 2010 – Senate Finance Committee  (PDF document, 1.4MB)
  • Testimony in Support of Senate Bill 701 - Commercial Law—Debt Settlement Services – Sarah Bloom Raskin, Commissioner of Financial Regulation - March 2, 2010 – Senate Finance Committee  (PDF document, 1.4MB)
  • Testimony in Support of Senate Bill 678 - Commercial Law – Credit Services Businesses – Sarah Bloom Raskin, Commissioner of Financial Regulation – March 2, 2010 – Senate Finance Committee  (PDF document, 2.7MB)
  • Testimony in Support of Senate Bill 762 - Commercial Law – Consumer Protection Refund Anticipate Loans and Checks – Sarah Bloom Raskin, Commissioner of Financial Regulation – March 2, 2010 – Senate Finance Committee (PDF document, 1.4MB)
  • Testimony in Support of House Bill 799 - Reverse Mortgage Homeowners Protection Act – Mark Kaufman, Deputy Commissioner of Financial Regulation – February 25, 2010 – House Economic Matters Committee  (PDF document, 3.5MB)
  • Testimony in Support of House Bill 392 - Commercial Law – Debt Settlement Services – Sarah Bloom Raskin, Commissioner of Financial Regulation – February 25, 2010 – House Economic Matters Committee  (PDF document, 1.4MB)
  • Testimony in Support of House Bill 402 - The State Collection Agency Licensing Board – By Sarah Bloom Raskin, Chairman of the Board, Stephen Hannan, Member and Susan Hayes, Member – February 17, 2010 – Economic Matters Committee (PDF document, 2.2MB)

Testimony 2009

Testimony 2008

  • Testimony in Support of HB 752 - Sarah Bloom Raskin, Commissioner of Financial Regulation - April 2, 2008 - Senate Finance Committee (Word document, 34KB)
  • Testimony in Support of HB 748 - The State Collection Agency Licensing Board by Commissioner Sarah Bloom Raskin, Chairman of the Board, Stephen Hannan, Member and Susan Hayes, Member - February 19, 2008 - Economic Matters (Word document, 25KB)
  • Testimony in Support of HB 752 - Sarah Bloom Raskin, Commissioner of Financial Regulation - February 19, 2008 - Economic Matters Committee (Word document, 5KB)
  • Testimony in Support of HB 417 - Joseph E. Rooney, Deputy Commissioner of Financial Regulation - February 5, 2008 - Economic Matters Committee (Word document, 21KB)
  • Testimony in Support of SB 218 - Sarah Bloom Raskin, Commissioner of Financial Regulation - February 5, 2008 - Senate Judicial Proceedings (Word document, 101KB)
  • Testimony in Support of SB 217 - Sarah Bloom Raskin, Commissioner of Financial Regulation - February 5, 2008 - Senate Judicial Proceedings (Word document, 77KB)
  • Testimony in Support of SB 216 - Sarah Bloom Raskin, Commissioner of Financial Regulation - February 5, 2008 - Senate Judicial Proceedings (Word document, 119KB)

Reports to the Legislature

* Speeches and Testimony Prior to October 1, 2010 by Commissioner Sarah Bloom Raskin