Chuck Cross

Background

About Chuck Cross

37 years experience in financial institution supervision, specializing in state supervision policy, regulatory compliance and government support. This experience spans federal agency, state agency and private sector employment.From 2010 to 2011, Chuck was on detail to the Department of Treasury to assist in the "stand-up" of the Consumer Financial Protection Bureau Cross is currently a Senior Advisor for Policy & Supervision for the Conference of State Bank Supervisors. Prior to this current role headed up Nonbank Supervision and Enforcement as Senior Vice President for CSBS where he lead a team of former regulators and industry professionals supporting state regulator examinations, enforcement and other supervisory responsibilities. His area of emphasis is nonbank regulatory policy, which includes development of examination protocols and support for coordinated multi-state supervision. Chuck is the former Director of the Washington Department of Financial Institutions Division of Consumer Services. Prior to his promotion to Director in 2003, Chuck was the Division’s Enforcement Chief where he was responsible for over 200 regulatory enforcement actions and criminal referrals in Washington State. He was one of the key investigators, architects and negotiators of the multistate settlement with Household Finance and Beneficial Finance in 2002, which was the largest predatory lending case to date. From late 2002 through 2005 he investigated Ameriquest Mortgage and served on the multi-state Executive Committee for the country’s second largest predatory lending case, which was filed and settled in March 2006. Chuck was also responsible for directing the Washington Mortgage Fraud Prosecution Fund with an average annual budget of $1 million especially dedicated to prosecute these crimes.Chuck is a past president for the American Association of Residential Mortgage Regulators (AARMR), a past chair of the AARMR Mortgage Fraud Committee, and has been a subject matter expert and instructor for the National White Collar Crime Center. Chuck is a Certified Fraud Examiner with a degree in Accounting/Economics.Specialties: Regulatory policy, examination, investigation, and enforcement for non-depository financial institutions. If you would like to read more about his past casework, check out "The Monster" by Michael W. Hudson published by Times Books October 2010.