The CFPB issued a final rule on April 16 that raised the permanent HMDA coverage thresholds for collecting and reporting data. 2015 HMDA Rule – Permanent Thresholds HMDA requires some lenders to collect, report, and disclose information about their mortgage lending activity. In 2015, the CFPB set HMDA coverage thresholds for closed-end loans and open-end […]

CFPB Issues Final Ruling to Raise Permanent HMDA Coverage Thresholds Read More »