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Home » Store » Taxable » Industry Urges Fed to Use Caution in HMDA Reports

Industry Urges Fed to Use Caution in HMDA Reports

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Subprime lenders have asked the Federal Reserve Board to make clear that Home Mortgage Disclosure Act data doesn’t tell the whole story about their lending practices when the agency releases new loan pricing information next year. The request came in comment letters filed with the Fed on a proposed scheme for reporting loan pricing information under the Home Mortgage Disclosure Act. Under a rule adopted in
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