Effective Oct. 1, 2009, Regulation C, the implementing regulation of the Home Mortgage Disclosure Act (HMDA), imposes new data collection requirements, comparison rates and thresholds for reportable ...
The Consumer Financial Protection Bureau (CFPB) has finalized its rule to update Regulation C reporting requirements of the Home Mortgage Disclosure Act (HMDA). In a statement issued by the CFPB, the ...
Some smaller lenders will no longer be required to report Home Mortgage Disclosure Act data because of a new rule set by the Consumer Financial Protection Bureau. The final rule, amending Regulation C ...
The Consumer Financial Protection Bureau is relaxing some of its requirements for lenders as coronavirus continues to spread. Temporarily, the CFPB will no longer require certain lenders to report ...
The Consumer Financial Protection Bureau is seeking comment on an agency rule implementing changes to the Home Mortgage Disclosure Act to evaluate whether it is meeting HMDA's stated goals of ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Passed in 1975, the Home Mortgage Disclosure Act (HMDA) requires financial lenders to disclose specific details regarding their residential mortgage loans. Specifically, lenders must report certain ...
The release of data on mortgage originations collected under the Home Mortgage Disclosure Act has given rise to a number of articles that cite "racial disparities" in loan denial and approval rates.
What impact will the CFPB’s proposed revisions have on reporting obligations? The veteran commercial finance attorney Michael Flynn of Buchalter breaks it down. The Home Mortgage Disclosure Act 2015 ...
Congrats to The Money Source. It is on a major hiring spree to build an in-house ad agency in the greater Detroit area. The marketing team will serve and promote the fintech company's rapidly growing ...