
What Happens When Congress Gives the CFPB a Blank HMDA Check
When Congress passed Dodd Frank in 2010, it added 10 data elements to HMDA reporting, but it also gave the CFPB a blank check to add whatever else it determined necessary. The CFPB took that blank check, resulting in the 573-page proposal for HMDA that is now before us. [7/31/14]