Mortgage Compliance Blog

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  • Is Your Vendor Ready for the New CFPB HMDA 2018 Changes?

    Jun 7, 2017, by Brian Arnesen
    With only a short time left until the new CFPB HMDA regulations go into effect, many loan origination software (LOS) vendors are touting their readiness to support the regulation's enhanced data requirement. But it wasn't that long ago that we heard the same thing concerning TRID.

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  • How the New HMDA 2018 Rules Increase Risk for Fines

    Jun 7, 2017, by Brian Arnesen
    In 2017, more lenders will be subjected to HMDA. Under the new rules, the CFPB estimates that there would be a 40% percent increase in the total number of transactions under the new data collection and submission requirement

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