Wednesday, July 19, 2017

CFPB provides additional HMDA reporting guidance

The CFPB issued HMDA Loan Scenarios on July 19, 2017 to provide additional guidance to the industry on reporting transactions under the revised HMDA rule, which has a January 1, 2018 effective date for most provisions. The guidance includes loan scenarios for a single-family mortgage loan, multifamily mortgage loan, and home equity line of credit.  For... Continue Reading…...(read more)
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