Passed in 1975, the Home Mortgage Disclosure Act (HMDA) requires financial lenders to disclose specific details regarding their residential mortgage loans. Specifically, lenders must report certain ...

You want the good news or the bad news on HMDA? Let’s go with the good news: After collecting expanded data on borrowers under the Home Mortgage Disclosure Act rule changes, lenders are going to have ...

MP McQueen is a veteran journalist who has covered national and metro news, and has written and edited articles for legal and financial publications. Khadija Khartit is a strategy, investment, and ...

Time is up. Well, almost up. Most of the 2015 updates to the Home Mortgage Disclosure Act rule take effect in January 2018. That’s just weeks away. But despite the looming deadline, many questions ...

The Consumer Financial Protection Bureau is seeking feedback on whether it needs to change its rules that determine when lenders must resubmit Home Mortgage Disclosure Act reports. The CFPB finalized ...

Question: Our investor reviews the loan before closing. Please let us know whether we are supposed to report the loan as a brokered or correspondent loan on the HMDA-LAR? Answer: Under Regulation C, ...