CFPB finalizes closed-end, open-end HMDA reporting thresholds

Standard

The CFPB Thursday finalized its HMDA rule permanently increasing the threshold closed-end mortgage loans to 100 loans in each of the two preceding calendar years (up from the current 25), effective July 1.

https://news.cuna.org/articles/117601-cfpb-finalizes-closed-end-open-end-hmda-reporting-thresholds

Advertisement