The Bureau of Consumer Financial Protection (Bureau) is proposing policy guidance that would describe modifications that the Bureau intends to apply to the loan-level HMDA data that financial institutions will report under the Home Mortgage Disclosure (Regulation C) before the data is disclosed to the public.
The notices listed below are currently open for public comment. For each notice, click through to view the Federal Register notice where you can read the full notice and select the “Submit a formal comment” option to contribute.
Amendments to Federal Mortgage Disclosure Requirements under the Truth in Lending Act (Regulation Z)
The proposal relates to when creditors may compare actual charges to amounts disclosed on a Closing Disclosure to determine if an estimated closing cost was disclosed in good faith.