As HMDA reporting season intensifies scrutiny, community banks are turning to automation to strengthen data integrity, reduce ...

On February 1, the OCC reminded banks and OCC examiners that the loan origination threshold for reporting HMDA data on closed-end mortgages has changed due to a court decision issued last year, which ...

As previously reported, in June 2021 the CFPB announced that it would conduct a voluntary review of the significant amendments to the Home Mortgage Disclosure Act (HMDA) rule adopted in October 2015, ...

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 ...

Now is about the time when you stop saying “Happy New Year,” either because it is no longer relevant, or you’ve forgotten who you’ve said it to. Lenders and vendors know that the “ability to repay” ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

The Home Mortgage Disclosure Act has caused its fair share of grief among mortgage lenders who stress over the new risks it will bring to compliance in 2018. But there is some relief on the horizon as ...