CFPB turns its reg relief focus to HMDA

For example, if a credit union is looking to expand its charter. turns to your favor.” While she does believe there is a real chance regulators will soon provide relief, she remains cautious. “I am.

The noble objectives of the Home mortgage disclosure act (HMDA) and its mortgage reporting requirements should be balanced by an appropriately tailored regulation, CUNA wrote to the Consumer Financial Protection Bureau (CFPB) Tuesday. The CFPB proposed increasing the HMDA reporting thresholds for closed-end mortgages to 50 or 100 loans (up from the current 25) and extending the current.

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CFPB turns its reg relief focus to HMDA The Consumer Financial Protection Bureau proposed steps to ease Home Mortgage Disclosure Act requirements, just days after announcing it was retiring a platform to let users analyze raw mortgage data.

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CFPB turns its reg relief focus to Home Mortgage Disclosure Act By Kate Berry Published – May 02 2019, 2:17pm EDT The Consumer financial protection bureau proposed steps thursday to ease reporting requirements under the Home Mortgage Disclosure Act, just days after the agency announced it was eliminating an online platform for analyzing raw HMDA data.

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CFPB turns its reg relief focus to HMDA | Equity Solutions – CFPB turns its reg relief focus to HMDA May 2, 2019 / in Uncategorized / by Lindsay The Consumer Financial Protection Bureau proposed steps to ease Home Mortgage Disclosure Act requirements, just days after announcing it was retiring a platform to let users analyze raw mortgage data.

Get started filing your HMDA data for 2018. Beginning with HMDA data collected in or after 2017, financial institutions will use the HMDA Platform to upload their loan/application registers (LARs), review edits, certify the accuracy and completeness of the data, and submit data for the filing year.

Dodd Frank Act | Credit Union Journal – CFPB turns its reg relief focus to HMDA The Consumer Financial Protection Bureau proposed steps to ease Home Mortgage Disclosure Act requirements, just days after announcing it was retiring a platform to let users analyze raw mortgage data.