CFPB turns its reg relief focus to hmda 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.
Slowdown in housing market is helping landlords raise rents The Spokane market is shifting to one that would seem to favor the landlord, creating ripe conditions to raise the rent. not the only forking over higher rent payments. Studies from the Washington.
Residential: CFPB’s proposed HMDA reform will provide relief to smaller lenders In a wave of announcements earlier this month, the Consumer Financial Protection Bureau (CFPB) outlined its plan to tackle Home Mortgage Disclosure Act (HMDA) reform.
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.
The Consumer Financial Protection Bureau (CFPB) proposed Friday to temporarily relax the scope of upcoming changes to Regulation C, which implements the Home Mortgage Disclosure Act (HMDA), by raising one threshold for HMDA reporting. Under Regulation C amendments previously finalized and scheduled to take effect in 2018, HMDA reporting requirements would apply to any financial institution.
Congress enacted HMDA in 1975 to root out discrimination in mortgage lending. The CFPB and other prudential regulators use the data to examine and identify fair-lending violations. In a notice on its web site announcing the removal of HMDA Explorer, the CFPB said the FFIEC plans to make a new tool available in the coming months. kraninger, who has been on the job at the CFPB for just four months, was named the chair of the FFIEC in April.
Warren W. Traiger was quoted on May 2, 2019 in a National Mortgage News article, "CFPB turns its reg relief focus to HMDA," which discussed the Consumer Financial Protection Bureau’s steps to ease reporting requirements under the Home Mortgage Disclosure Act after the agency has previously announced it was eliminating HMDA Explorer.
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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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