Articles

CFPB Revises HMDA Threshold

August 21, 2020 - 3 min read

On May 12, 2020 (85 FR 28364), the Bureau of Consumer Financial Protection (CFPB) published a final rule to amend Regulation C, the regulation that implements the Home Mortgage Disclosure Act (12 CFR 1003), by: Increasing the threshold for reporting data about closed-end mortgage loans, so that institutions originating fewer than 100 closed-end mortgage loans…

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