Despite elevated interest rates and rising home prices that have intensified affordability issues for Hispanic homebuyers, by 2040, an estimated 70% of new homeowners will be Hispanic. Learn what else this new study from the Urban Institute reveals.
Read More »CFPB Raises HMDA Loan-Volume Coverage Thresholds
The final Home Mortgage Disclosure Act rule increases the permanent threshold for collecting and reporting data, effective July 1, 2020.
Read More »CFPB Finalizes Update to Home Mortgage Disclosure Act
The new rule extends for two years the current temporary threshold for collecting and reporting data about open-end lines of credit under HMDA.
Read More »Ellie Mae Expands HELOC Functionality
Ellie Mae's expanded functionality offers additional automation capabilities for greater efficiencies in HELOCs for lenders.
Read More »Racial Disparities in Lending and Foreclosure Trends
Here’s what a recent study, based on the Federal Financial Institution’s Examination Council’s data, revealed about the places where racial dispairites exist in mortgage lending rates, and what can be done to minimize this challenge.
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 »The Thin Red Line
Real estate professionals are reporting that borrowers of color with good income and good credit are still finding it challenging to get loans to purchase homes. Editor’s Note: This feature originally appeared in the September issue of DS News.
Read More »How the BCFP Has Impacted Housing Regulation
In a recent report, the BCFP highlights amendments made to acts such as the Home Mortgage Disclosure Act. See what changes were made the the Act and others.
Read More »‘Improving Transparency and Accountability at CFPB’
In April, CFPB Acting Director Mick Mulvaney had recommended steps to improve the “transparency and accountability” at CFPB. Here’s what the Financial Services Committee discussed at a hearing on Wednesday on these reforms.
Read More »Wolters Kluwer Releases HMDA Data
The release shows lending practices in the aggregate as well as by individual institutions, allowing viewers market insights that are ahead of the federal government’s aggregate data report.
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