CFPB turns its reg relief focus to HMDA

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Otherwise, they’re expected to focus on Kraninger’s. likely delight gop senators who see the CFPB as federal bureaucracy run amok. Kraninger will go on to tout the importance of taking public.

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CFPB turns its reg relief focus to Home Mortgage Disclosure Act By Kate Berry Published – May 02 2019, 2:17pm EDT The Consumer Financial Protection Bureau proposed steps Thursday to ease reporting requirements under the Home Mortgage Disclosure Act, just days after the agency announced it was eliminating an online platform for analyzing raw HMDA data.

The QuestSoft HMDA Road Show is a regional seminar focusing on the new CFPB HMDA rules taking effect in 2018. We will focus on a wide range of topics that will affect you and your organization during the transition to the new regulations.

How will a Trump presidency impact the mortgage industry? For many. lead to the dissolution of the Consumer Financial Protection Bureau (CFPB) or a significant curtailment of its powers? And what.

Sen. Elizabeth Warren responds to our invitation to discuss policy – policy questions about the economy, free markets and regulation. We should focus on problems that are specific to particular countries or groups of countries, such as the non-monetary restrictions.

Warren W. Traiger was quoted on May 2, 2019 in a National Mortgage News article, "CFPB turns its reg relief focus to HMDA," which discussed the Consumer Financial Protection Bureau’s steps to ease reporting requirements under the Home Mortgage Disclosure Act after the agency has previously.

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CFPB Proposes Changes to HMDA Rules – – "We thank the CFPB for responding to continued credit union and small lender engagement on this matter and for issuing a proposal to provide some relief from HMDA requirements," said CUNA President/CEO Jim Nussle. "The HMDA rule has disproportionately burdened credit unions despite no evidence of past wrongful conduct.

Congress enacted HMDA in 1975 to root out discrimination in mortgage lending. The CFPB and other prudential regulators use the data to examine and identify fair-lending violations. In a notice on its web site announcing the removal of HMDA Explorer, the CFPB said the FFIEC plans to make a new tool available in the coming months. Kraninger, who has been on the job at the CFPB for just four months, was named the chair of the FFIEC in April.