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Home » Store » Taxable » Lawmakers Generally Happy With Fed HMDA Regulation

Lawmakers Generally Happy With Fed HMDA Regulation

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A new regulation that would make mostly subprime lenders report more information under the Home Mortgage Disclosure Act has drawn mixed reviews from lawmakers. But don’t look for action on the matter any time soon. Issued last month by the Federal Reserve Board, the rule takes aim primarily at subprime lenders by mandating the reporting of price information for first-lien loans with rates that exceed Treasury securities by
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