More HMDA Guidance Released
The CFPB issued final policy guidance describing the Home Mortgage Disclosure Act (HMDA) data the Bureau intends to make available to the public beginning in 2019. The guidance describes the loan-level HMDA data that the Bureau intends to make available to the public, the modifications of the data to protect consumers’ privacy, what kind of info it intends to disclose with reduced precision, such as by disclosing ranges rather than specific values for an applicant’s age, the amount of the loan, and the number of units in the dwelling. [1/9/19]
