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Home » Store » Taxable » Subprime Lenders Strike Out In Effort to Soften HMDA

Subprime Lenders Strike Out In Effort to Soften HMDA

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Subprime lenders didn’t get what they wanted for Christmas from the Federal Reserve Bank. Ignoring industry pleas, the Fed has finalized a plan to make pricing data reported under the Home Mortgage Disclosure Act public this August. Exactly how new HMDA data that lenders are required to report this year would be made public has been the subject of considerable consternation and discussion at recent industry conferences. That’s because for the first time lenders will…
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