CFA Opposes Proposed Cutbacks in HMDA Reporting
By Barry Zigas, Consumer Federation of America The Home Mortgage Disclosure Act (HMDA) has provided invaluable information on credit flows in US communities since 1975, and a proposed rulemaking issued by the Consumer Financial Protection Bureau (CFPB) would unnecessarily reduce the scope of its coverage and is ill-advised and should not be adopted. The proposed […]