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Tag Archives: HMDA

Scrutinizing Reforms at CFPB

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Here’s what the Financial Services Committee said during a hearing to discuss CFPB’s Acting Director Mick Mulvaney’s recommendations to promote greater transparency at the Bureau as well as other reforms at CFPB.

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Lender Poll: Regulation a Top Priority

A recent survey of mortgage professionals shows that a majority are ready for regulation changes to the Home Mortgage Disclosure Act. Most of those polled believe requirements for collecting, analyzing and reporting data, coupled with a lack of resources to manage the mortgage data, contributes to the rising cost of loans. Nearly a quarter share President Trump’s sentiment that policy changes to the mortgage industry would be beneficial to the lending market.

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The Road Ahead

With an uncertain regulatory environment, new data requirements, and promising technological opportunities all intersecting, mortgage originators face a winding road as they navigate through 2017.

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