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CFPB

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CFPB Proposes Changes to HMDA Rules 

May 02, 2019By

The Consumer Financial Protection Bureau (CFPB) issued a Notice of Proposed Rulemaking (NPRM) on Thursday, which proposes a raise to the coverage thresholds for collecting and reporting data about closed-end mortgage loans and open-end lines of credit under the rules of the Home Mortgage Disclosure Act (HMDA). “The NPRM would provide relief to smaller lenders […]