National Multifamily Housing Council

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MBA, NMHC, others call on CFPB to change multifamily HMDA rules

Jun 20, 2018By

The Mortgage Bankers Association, the National Multifamily Housing Council, and several other prominent trade groups are calling on the Consumer Financial Protection Bureau to change the Home Mortgage Disclosure Act rules for multifamily lending. The groups want the CFPB to completely exempt multifamily business-to-business lending from HMDA reporting requirements.