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CFPB releases proposed HMDA change on HELOC reporting

Monday, July 17, 2017  
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CFPB releases proposed HMDA change on HELOC reporting
The CFPB on Friday issued proposed changes to its Home Mortgage Disclosure Act that would temporarily raise the home equity line of credit reporting threshold for smaller financial institutions, including credit unions. Comments on the proposal are due by July 31; NAFCU will be submitting comments.


 
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