Savarese Makes Case to Senators for Reg Relief
Testifying before the Senate Banking Committee today, ABA Chairman Dorothy Savarese urged Congress to “remove regulatory impediments and let us accelerate growth in the American economy.”
Browsing: HMDA
ABA: Proposed HMDA Changes Warrant Further Discussion
In a comment letter today, the American Bankers Association provided feedback on the Consumer Financial Protection Bureau’s proposed technical changes to the data lenders are required to collect and report under the final Home Mortgage Disclosure Act Rule (Regulation C).
ABA Issues Staff Analysis on HMDA Correction Proposal
ABA today issued a staff analysis on the Consumer Financial Protection Bureau’s recent proposal to make technical corrections and clarifications to the data lenders are required to collect and report under the final Home Mortgage Disclosure Act Rule (Regulation C).
ABA Supports CFPB Harmonization of Regs B, C
ABA today expressed its support for the Consumer Financial Protection Bureau’s proposal to harmonize borrower application data reporting requirements of the Equal Credit Opportunity Act (Regulation B) with new requirements under the Home Mortgage Disclosure Act (Regulation C).
To Protect Consumers, ABA Seeks Pause on HMDA Expansion
ABA today called on the Consumer Financial Protection Bureau to rescind requirements to collect any Home Mortgage Disclosure Act data not explicitly spelled out in law, and for Congress to revoke the new HMDA data elements added by the Dodd-Frank Act.
CFPB Proposes Corrections to HMDA Final Rule
Following outreach to industry stakeholders — including ABA — the Consumer Financial Protection Bureau today proposed a number of technical corrections and clarifications to the data lenders are required to collect and report under the final Home Mortgage Disclosure Act Rule (Regulation C).
ABA Offers Staff Analysis of CFPB Data Collection Proposal
ABA has published a free, members-only staff analysis of the Consumer Financial Protection Bureau’s recent proposal to provide flexibility for lenders around the collection of applicants’ demographic data under the Home Mortgage Disclosure Act (Regulation C) and the Equal Credit Opportunity Act (Regulation B).
CFPB Proposal Would Harmonize Reg B and C Compliance
The Consumer Financial Protection Bureau issued a proposal on Friday to provide flexibility for lenders around the collection of applicants’ demographic data under the Home Mortgage Disclosure Act (Regulation C) and the Equal Credit Opportunity Act (Regulation B).
CFPB Imposes Largest-Ever HMDA Deficiency Fine on Nonbank Lender
The Consumer Financial Protection Bureau today issued an enforcement action for alleged Home Mortgage Disclosure Act reporting deficiencies by Nationstar Mortgage.
2015 HMDA Data Show Mortgage Originations Up 22 Percent
The Federal Financial Institutions Examination Council today released the 2015 Home Mortgage Disclosure Act data on mortgage lending transactions at 6,913 financial institutions.