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Getting ready for HMDA: What you need to know
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Dodd-Frank Basics
Tuesday, December 22, 2015
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Shortly after the TILA-RESPA Integrated Disclosure rules went into effect, the Consumer Financial Protection Bureau announced the finalization of another significant rulemaking under the Dodd-Frank Act: Amendments to the Home Mortgage Disclosure Act that expand the number of data fields and loan products that will need to be reported. Don’t let the two-year implementation period fool you – the time to get started is now.
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