Home Mortgage Disclosure Act

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HMDA enforcement defanged by Trump-led regulators 

Dec 22, 2017By

The Home Mortgage Disclosure Act caused its fair share of grief among mortgage lenders who stress over the new risks it will bring to compliance in 2018. But now, the Trump administration’s new regulatory leaders defanged the new rule — CFPB and OCC both announced they have no intentions of issuing data reporting penalties in 2018.

3d rendering of a row of luxury townhouses along a street

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