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Home » Store » News » Bank Regulators Want to Collect More Data About Mortgage Banking Activity

Bank Regulators Want to Collect More Data About Mortgage Banking Activity

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Federal banking regulators want commercial banks to begin reporting more detailed information about their mortgage banking activity, including statistics on volume and income from this business. Proposed changes to bank call report requirements would mimic some of the data already required by the Office of Thrift Supervision on its thrift financial reports, the quarterly equivalent of bank call reports. Thrifts have been reporting mortgage originations, defined as mortgage disbursements, as well as purchases of mortgage loans…
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