CFPB proposes new changes to HMDA

The Consumer Financial Protection Bureau issued a much-asked for proposal to clarify the 2015 updates to the Home Mortgage Disclosure Act rule and help ensure industry compliance. And ever since the bureau issued the new HMDA final rule, the industry has been on high alert to come into compliance, even going so far as to say that HMDA is replacing TRID as the most dreaded mortgage acronym. Click the headline to read more.

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