The Bureau has issued a new analysis on state Community Reinvestment Act laws, examining affirmative lending, service delivery, and investment obligations by mortgage companies and deposit-taking institutions. Read the details after the link.
Read More »Aggregate 2022 Mortgage Lender Data Now Available to Review
The Federal Financial Institutions Examination Council (FFIEC) announced that data from 4,460 U.S. financial institutions on the state of 2022 mortgage lending activity as reported by the Home Mortgage Disclosure Act (HDMA) is now available to view.
Read More »New CFPB Rule Impacts HMDA Reporting
Under a new order from the CFPB, loans reportable under the Home Mortgage Disclosure Act will not need to be reported under the new small business lending rule.
Read More »Mitchell Sandler Announces Appointment of Liana Prieto as Partner
Mitchell Sandler is excited to announce the addition of Liana Prieto as a partner. Liana brings over 15 years of experience in financial services in both the private and public sectors to Mitchell Sandler, where she will continue to serve as a trusted ...
Read More »Proceed With Caution on HMDA Deregulation
An expert gives insights on how dwindling of reporting data could harm underserved communities and weaken bank performance evaluation.
Read More »Equifax and FICO Announce Strategic Partnership
Equifax and FICO will integrate differentiated data and precision decisioning to help financial institutions optimize interactions with customers.
Read More »Ellie Mae Launches New User Experience Platform
Ellie Mae's AllRegs Online enables lenders to confidently manufacture loans knowing they meet the latest investor requirements or state and federal statutes.
Read More »Waters Asks How Financial Industry Is Softening Shutdown Impact
Maxine Waters, Chairwoman of the House Committee on Financial Services, called on the heads of financial services industry trade associations and credit reporting agencies to describe how they are working to help consumers affected by the shutdown. Here’s more on the letter she wrote.
Read More »Is the Housing Market Prepared for the Next Crisis?
Has the housing market learned its lessons, or will it repeat the same mistakes it did during the last financial crisis? Experts discuss their concerns with the housing market since the boom and subsequent bust, outlining what they think we’ve learned—and what we haven’t.
Read More »Do Regulatory Changes Mean More Compliance Expenses?
A recent report analyzed the impact of the recently passed Regulatory Relief Bill on the time and money spent by financial institutions on compliance. Click through to learn the findings.
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