Thursday, October 27, 2016

CFPB puts 44 #mortgage #lenders and brokers on notice over HMDA requirements

Approximately 44 #mortgage #lenders and #mortgage brokers are about to get a wake-up call from the Consumer Financial Protection Bureau, warning them that they might be in violation of the Home #mortgage Disclosure Act. The bureau, in sending these warning letters, made no determination that a legal violation did, in fact, occur, but the industry can take this as a notice that the bureau is watching. http://www.housingwire.com/articles/38388-cfpb-puts-44-mortgage-lenders-and-brokers-on-notice-over-hmda-requirements ❤️ #share #mortgage



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