The bureau seeks input on whether its HMDA Resubmission Guidelines make sense in light of new Reg C reporting requirements.
Wolters Kluwer finds 67% of credit union and bank execs are worried about meeting HMDA requirements.
Increases in mortgage origination share mean Community Reinvestment Act compliance could be on the horizon.
Credit unions will be required to report HELOC data and more information about loan structure, underwriting and pricing.
Credit unions in the Golden State approve 54.73% of mortgages compared to 48.78% nationwide.
The nation's highest court agrees to hear a third disparate impact case. The first two were settled out of court.
The $28.6B State Employees’ says higher-priced 100%-financed mortgages could look like unfair lending in HMDA data.
The NCRC recommends the CFPB make public data from all lenders on pricing, denials and even a business owner's personal loans.
Technological advancements are changing the ways credit unions comply with fair lending laws.
Technological advancements are helping to simplify the way credit unions comply with fair lending laws.