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 announced it was eliminating HMDA Explorer.
Put another way, on April 13, the CFPB announced the release of its proposal to amend Regulation C (12 CFR Part 1003), the regulation that implemented the Home Mortgage Disclosure Act (HMDA) and.
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.
Bush, Trump is not known for fiscal conservativeness, but his proposed Cabinet – at least on its face – appears more conservative than Bush’s or President Bill Clinton’s, Edwards said. Obama’s coal.
Alhough the CFPB is proposing to limit HMDA data, the agency nevertheless acknowledged in its press release how important the data is to the general public and to policymakers.
The report explained the Treasury reduced its regulatory agenda by about 100 regulations. cfpb announced that it will provide additional flexibility for small lenders and that it intends to engage.
Slowdown in housing market is helping landlords raise rents Another is preferential rents, which are discounts offered by landlords when the legal rent on an apartment is more than the market. increase of dwelling space, an increase in the services provided.
In its effort. the CFPB was given an unprecedented and broad mandate that has brought on many new regulations. There is clearly a policy need to recalibrate this mandate. The newly introduced.
January home prices show 5% increase: Black Knight Heavy demand from investors has slowed, and traditional mortgage-based homebuyers have yet to re-enter the market in full force, noted Moody’s analysts (Economy.com Aug. 26).Slower home-price growth, along with reports of a positive outlook among homebuilders, is a good sign of a more normal housing sector, David Blitzer, index committee chairman at S&P dow jones indices, told MarketWatch.
On July 12th, join Jim George for a webinar and learn if your organization meets the new requirements for HMDA reporting under the final rule issued by the CFPB from former. Arkansas modified its.
DoubleLine to make its own brand of mortgage-backed securities Gross and other Pimco executives credit their success to the Fed’s transparency in announcing its intentions and to their own expertise in. We’re going to make this huge, huge investment in.Redwood’s net income slips on lower mortgage banking earnings Redwood does not directly originate or service loans (1) includes .2bn of equity capital and $0.6bn of debt on our consolidated balance sheet that is recourse to RWT. (2) Through June 30, 2017. represents total net income before Corporate/Other of ($41mn). Total YTD 2017 Contribution to Net Income by Segment: $114 million(2) Investments in
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.
CFPB turns its reg relief focus to HMDA 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.