CFPB Addresses Partial HMDA Exemption for Certain Depository Lenders

The Consumer Financial Protection Bureau (CFPB) recently issued a statement regarding the partial exemption from Home Mortgage Disclosure Act (HMDA) reporting requirements for certain lower mortgage volume depository institution lenders that was adopted in the Economic Growth, Regulatory Relief, and Consumer Protection Act (Act). As we reported previously, the Act exempts depository institutions and credit... Continue Reading…...(read more)

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