Home / Tag Archives: HMDA (page 2)

Tag Archives: HMDA

MERSCORP To Offer LEI Registrations Later This Year

MERSCORP Holdings, Inc., announced this week it will support the Consumer Financial Protection Bureau’s updated Home Mortgage Disclosure Act requirements by facilitating legal entity identifier (LEI) registrations and renewals for users of MERS System and other industry participants.

Read More »

CFPB Updates Congress on Mortgage Industry Rules

The Consumer Financial Protection Bureau recently reported on what it has done to assist the mortgage industry with the smooth implementation of three of its major initiatives: TRID, HMDA, and the August 2016 updates to its new mortgage servicing rules.

Read More »

CFPB Finalizes Requirements for Reporting Mortgage Data

The HMDA dataset has not kept pace with the mortgage market’s evolution despite being the leading source of information for the market, CFPB said; for example, the HMDA data does not include adequate information about loan features such as adjustable-rate mortgages and non-amortizing loans which helped contribute to the mortgage crisis.

Read More »

Survey Ranks Compliance, Risk Management as Top Lender Concerns

Looking at compliance challenges, 72 percent of banker respondents listed "maintaining compliance with changing regulations" as one of their top concerns, up from 67 percent at the start of last year, while 69 percent said just keeping track of regulations is a major issue at this point.

Read More »

Your Daily Dose of DS News

Get the news you need, when you need it. Subscribe to the Daily Dose of DS News to receive each day’s most important default servicing news and market information, absolutely free of charge.