More HMDA Rule Changes on the Horizon
Reprinted with permission from California Mortgage Finance News, Fall 2019
After working hard to implement the Home Mortgage Disclosure Act (HMDA) rule changes adopted by the Consumer Financial Protection Bureau (CFPB) in October 2015, and mainly implemented in January 2018, the mortgage industry will need to gear up to implement additional changes that are on the horizon. In May 2019 the CFPB issued both proposed HMDA rule changes and an advance notice of proposed rulemaking (ANPR). Read More
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