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December 14, 2017

Another Industry Group Calls for Delay in New HMDA Requirements

By Thomas Ressler

Certain originators and their vendors have expressed the need for more time to test systems and accurately implement the proposed changesÖ

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Poll

With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.

33%

No. It’s still difficult compliance/regulatory-wise.

20%

Maybe. It’s under consideration.

33%

Not now. But things could change as 2018 progresses.

13%