The Conference of State Bank Supervisors (CSBS) and the American Assn of Residential Mortgage Regulators (AARMR) just issued guidelines for nontraditional mortgages that basically mirror the ones issued by the federal banking regulators. Do these have any impact in states that don't pass their own guidelines? If not, we really don't have a level playing field with the big mortgage lenders who are not banks or owned by banks.