Category HMDA

CFPB Releases Home Mortgage Disclosure (Regulation C) Small Entity Compliance Guide

The Consumer Financial Protection Bureau (“CFPB”) has released the Home Mortgage Disclosure (Regulation C) Small Entity Compliance Guide (“Guide”) to help institutions determine their obligations. As with other such guides issued by the CFPB, this publication is an excellent resource for institutions of all sizes, not just small entities. HMDA is a recording, reporting, and […]

CFPB Updates Rule Implementing HMDA Changes

Earlier this month, the Consumer Financial Protection Bureau (“CFPB”) issued a final rule changing Regulation C, which implements the Home Mortgage Disclosure Act (“HMDA”). If you are not aware, HMDA requires certain institutions to collect and disclose information about their mortgage lending activity. The final rule seeks to streamline certain existing requirements while also expanding […]