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1STATE OF OREGON DEPARTMENT OF CONSUMER AND BUSINESS SERVICES DIVISION OF FINANCIAL REGULATION NONDEPOSITORY PROGRAMS SECTION2 3BEFORE THE DIRECTOR OF THE DEPARTMENT OF CONSUMER AND BUSINESS SERVICES4 5 6In the Matter of:M240053NETWORK FOR OREGONORDER OF EXEMPTION AND CONSENT TO ENTRY OF ORDER7 AFFORDABLE HOUSING, 8Respondent.9 WHEREAS, the Network for Oregon Affordable Housing (hereinafter NOAH)1011 has submitted a request to be exempt from the definition of mortgage banker as contained 12...
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The non-depository programs section refers to a classification in financial reporting that includes programs or entities that do not accept deposits but may offer other financial services or products.
Entities that operate non-depository programs, such as certain financial institutions, investment firms, and other organizations offering services without accepting traditional deposits, are typically required to file this section.
To fill out the non-depository programs section, organizations must gather relevant financial data and disclosures regarding their non-depository activities, ensuring all required fields are completed accurately in accordance with regulatory guidelines.
The purpose of the non-depository programs section is to provide transparency and regulatory oversight on financial entities that do not accept deposits, ensuring they adhere to financial regulations and standards.
The information that must be reported includes, but is not limited to, financial performance metrics, details on services provided, risk assessments, and compliance with relevant regulations.
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