The Consumer Financial Protection Bureau said it does not intend to “initiate enforcement actions or cite Home Mortgage Disclosure Act violations for failures to report closed-end mortgage data collected in 2022, 2021 and 2020” for covered institutions that originated at least 25 closed-end loans, but less than 100 closed-end loans in each of the previous two calendar years.
Tag: Home Mortgage Disclosure Act

Analysis: 1/3 of Declined Mortgage Applications Addressable with Homebuyer Assistance
Down Payment Resource, Atlanta, said its analysis of mortgage loan applications found nearly one-third of declined mortgage loan applications are both declined for reasons that can be addressed with homebuyer assistance and eligible for homebuyer assistance programs.

Housing Market Roundup: Mar. 25, 2022
Here is a summary of housing market reports that came across the MBA NewsLink desk this week:

Kimberly Boatwright of Ncontracts: 4 Key Stages of Annual HMDA Data Lifecycle
During this time of the year, one area of compliance stands out as a focal point: HMDA.

Kimberly Boatwright of Ncontracts: 4 Key Stages of Annual HMDA Data Lifecycle
During this time of the year, one area of compliance stands out as a focal point: HMDA.

Kimberly Boatwright of Ncontracts: 4 Key Stages of Annual HMDA Data Lifecycle
During this time of the year, one area of compliance stands out as a focal point: HMDA.

Kimberly Boatwright of Ncontracts: 4 Key Stages of Annual HMDA Data Lifecycle
During this time of the year, one area of compliance stands out as a focal point: HMDA.

Kimberly Boatwright of Ncontracts: 4 Key Stages of Annual HMDA Data Lifecycle
During this time of the year, one area of compliance stands out as a focal point: HMDA.

CFPB Issues RFI on Detecting Discrimination in Mortgage Lending
The Consumer Financial Protection Bureau on Tuesday issued a Request for Information seeking input on rules implementing the Home Mortgage Disclosure Act.

MBA Statement on The Markup’s ‘Flawed Analysis’ of Mortgage Lending
The Mortgage Bankers Association on Wednesday released the following statement regarding a report by The Markup, an investigative journalism group, on its “flawed analysis” of mortgage lending: