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Consumer groups, CFPB clash over handling of HMDA data

Sep 05, 2019By

Over the last few years, the CFPB relaxed some of the requirements for the data collection and reporting stipulated by the Home Mortgage Disclosure Act, moving to increase the threshold that lenders must meet in order to be required to report certain HMDA data. Those moves and others related to the recent publication of the 2018 HMDA data have some experts concerned about the CFPB’s view of HMDA.

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

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