Passed in 1975, the Home Mortgage Disclosure Act (HMDA) requires financial lenders to disclose specific details regarding their residential mortgage loans. Specifically, lenders must report certain ...

New AI compliance agent automates sample-based or full HMDA compliance testing, delivering greater coverage and significant ...

You want the good news or the bad news on HMDA? Let’s go with the good news: After collecting expanded data on borrowers under the Home Mortgage Disclosure Act rule changes, lenders are going to have ...

The CFPB has issued a final rule amending Regulation C, its Home Mortgage Disclosure Act regulation. The changes, which, in part, implement the Dodd-Frank Act’s amendments to HMDA, expand the scope of ...

With the House of Representatives preparing to take up bipartisan legislation to ease the regulatory burden on community banks, one provision of the bill continues to be misrepresented on Capitol Hill ...

Time is up. Well, almost up. Most of the 2015 updates to the Home Mortgage Disclosure Act rule take effect in January 2018. That’s just weeks away. But despite the looming deadline, many questions ...

In this article, we review the requirements of the Home Mortgage Disclosure Act (HMDA), highlighting key aspects of the many new and revised rules that will go into effect on January 1, 2018. HMDA ...

MISMO, the Mortgage Industry Standards Maintenance Organization, has released a set of products to help companies implement the new Consumer Financial Protection Bureau (CFPB) Home Mortgage Disclosure ...

WASHINGTON — The Consumer Financial Protection Bureau on Thursday proposed a series of clarifications to its 2015 Home Mortgage Disclosure Act rule, which many in the mortgage industry have said is ...

On Aug. 30, 2019, the Federal Financial Institutions Examination Council (FFIEC) announced the availability of aggregate data on mortgage lending transactions at 5,683 U.S. financial institutions (FIs ...

The release of data on mortgage originations collected under the Home Mortgage Disclosure Act has given rise to a number of articles that cite “racial disparities” in loan denial and approval rates.