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Home » Store » Taxable » Fed Appears Set to Press on with Proposed HMDA, HOEPA Changes

Fed Appears Set to Press on with Proposed HMDA, HOEPA Changes

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The Federal Reserve Board appears committed to a slate of regulatory changes that subprime lenders say will make it more expensive for them to do business and dry up access to credit. Since they were announced in December, the Fed’s proposed changes to the Home Ownership and Equity Protection Act and the Home Mortgage Disclosure Act have elicited howls of protest from industry trade groups. Though the Fed has played its cards close to
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