Department of Insurance Securities and Banking

The District of Columbia Department of Insurance, Securities and Banking (DISB) is the primary financial regulatory agency for the District of Columbia. Its mission is to regulate the financial services industries operating in DC, including banks, credit unions, and mortgage lenders.

DISB works to protect consumers and ensure the financial services marketplace operates fairly and transparently. It provides regulatory guidance, conducts examinations, and enforces compliance with financial laws and regulations, as evidenced by its actions against non-compliant mortgage loan originators and digital lenders.

While DISB oversees various financial activities, it is important to note that it does not originate or offer mortgage loans or any other financial products directly to consumers. Its role is solely supervisory and protective of the public interest within the financial sector of Washington D.C.