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CFPB Proposal Aims to Clarify Home Mortgage Disclosure Act Rule

April 17, 2017 6:18 pm

The Consumer Financial Protection Bureau (CFPB) has issued a proposal that would clarify the 2015 Home Mortgage Disclosure Act (HMDA) Final Rule. The HMDA requires many lenders to report information about mortgages they originate or purchase so that regulators can assess whether lenders are serving local housing needs, among other indicators. The HMDA was updated […]

The post CFPB Proposal Aims to Clarify Home Mortgage Disclosure Act Rule appeared first on RISMedia.

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