CFPB raises threshold on who has to report HMDA data

Apr 16, 2020 |

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, increases the permanent threshold for collecting and reporting data about closed-end mortgage loans from 25 to 100 loans. This new rule will […more]

Posted in: San Francisco

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