CFPB turns its reg relief focus to HMDA

The Bureau of Consumer Financial Protection (Bureau) is amending Regulation C to make technical corrections to and to clarify certain requirements adopted by the Bureau’s Home Mortgage Disclosure (Regulation C) final rule (2015 HMDA Final Rule or the Final Rule), which was published in the Federal Register on Oct. 28, 2015.

Bush, Trump is not known for fiscal conservativeness, but his proposed Cabinet – at least on its face – appears more conservative than Bush’s or President Bill Clinton’s, Edwards said. Obama’s coal.

New Government Monitoring Information (GMI) Demographic fields. On September 28, 2016 the CFPB issued a notice detailing its approval of the use of the new 2016 Uniform Residential loan application (urla) for the expanded collection of information relating to ethnicity and race under the Home Mortgage Disclosure Act (HMDA).

The Consumer Financial Protection Bureau proposed steps Thursday to ease reporting requirements under the Home Mortgage Disclosure Act, just days after the agency announced it was eliminating an online platform for analyzing raw HMDA data.

Homebuilders fall to 10-month low on sales data, earnings miss Is KB Home Q4 Earnings Miss a Warning for Homebuilders. – KB Home KBH, one of the nation’s largest homebuilders, reported disappointing fourth-quarter and fiscal 2015 (ending Nov 31) results on Jan 7 before the market opened.Shares of this Los Angeles-based homebuilder declined 12% since the results were announced. KB Home missed the zacks consensus estimate for both sales and earnings in the fourth quarter.Foreclosure activity is at the lowest level in over a decade Matters are even worse for black, Hispanic and low-income. higher levels of new foreclosures, Van Tol said. Losing a home can lead to fewer opportunities Following the crisis, banking regulations.PHH loses $46M as its shift to subservicing is nearly complete PHH loses $46M as its shift to subservicing is nearly complete Phh Loses 46m As Its Shift To Subservicing Is Nearly Complete -> Source guaranteed rate affinity Closed Morte Lenders 7001 Preston -> Source Tim Alm Vp Of Morte lending guaranteed rate Affinity Linkedin -> Source.Consumers show ability to absorb a single rate hike Financial markets are still doubtful the Fed can manage such a bullish tightening schedule, but pricing around a single rate hike this year increased to a probability of 52.7 per cent. The bigger move was in two-year Treasuries, where yields rose to 0.79 per cent from 0.72 per cent.

CFPB turns its reg relief focus to HMDA CFPB turns its reg relief focus to HMDA The Consumer Financial Protection Bureau proposed steps to ease home mortgage disclosure act requirements, just days after announcing it was retiring a platform to let users analyze raw mortgage data.

But there is some relief on the horizon as HMDA enforcement was just defanged by the now Trump-led regulators.. HMDA enforcement defanged by Trump-led regulators. CFPB must end regulation by.

Congress enacted HMDA in 1975 to root out discrimination in mortgage lending. The CFPB and other prudential regulators use the data to examine and identify fair-lending violations. In a notice on its web site announcing the removal of HMDA Explorer, the CFPB said the FFIEC plans to make a new tool available in the coming months.

Rising rates now affecting purchase mortgage application activity  · When a loan officer gets your mortgage application, they may use a pricing grid to figure out how your credit scores affect your interest rate, says Yves-Marc Courtines, a chartered financial analyst with Boundless Advice. Generally, higher scores can mean a lower interest rate, and vice versa.

Congress enacted HMDA in 1975 to root out discrimination in mortgage lending. The CFPB and other prudential regulators use the data to examine and identify fair-lending violations. In a notice on its web site announcing the removal of HMDA Explorer, the CFPB said the FFIEC plans to make a new tool available in the coming months. Kraninger, who has been on the job at the CFPB for just four months, was named the chair of the FFIEC in April.

Guaranteed Rate ramps up hiring with expanded training program Hanmi Financial Corporation (HAFC) CEO Chong Guk Kum on Q4 2018 Results – Earnings Call Transcript – A decision to retain versus sell the guaranteed portion will be based on our profitability analysis, the rate environment. And so the fourth quarter activity in terms of ramp-up from third to.