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CFPB Proposes Rule to Update Mortgage Data Reporting 

Apr 13, 2017By

The Consumer Financial Protection Bureau issued a proposed rule Thursday that would clarify the information mortgage lenders are required to collect and report under the Home Mortgage Disclosure Act (HMDA).  HMDA, originally enacted in 1975, was updated in 2015 under the Dodd-Frank Act with most changes effective January 2018. The proposal by the CFPB aims […]