
Kinder, Gentler CFPB
In a generous proclamation befitting the season, the CFPB announced that it does not intend to require data resubmissions if you mess up with your HMDA submission unless the data errors are material. Nor does the agency intend to assess penalties for errors in 2018 data submissions. What's more, supervisory activity in 2018 for HMDA will be intended to be diagnostic and helpful. Say, what's in this punch? [12/22/17]


