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Home » Store » Taxable » Fed Extends Effective Date for New HMDA Regulation

Fed Extends Effective Date for New HMDA Regulation

$50.00
Taxable

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Lenders covered by the Home Mortgage Disclosure Act have until January 1, 2004 to make the adjustments necessary to comply with new requirements to collect and report loan price data. Under a final rule approved on May 2, the Federal Reserve Board granted an industry request to postpone the new HMDA rules, which were slated to take effect on Jan. 1, 2003.
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