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Home » Store » News » Fed Sticks to its Guns on HMDA Price Thresholds

Fed Sticks to its Guns on HMDA Price Thresholds

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Despite a deluge of industry comments, the Federal Reserve Board has stuck to the reporting thresholds it proposed in a controversial rule that broadens the amount of information lenders would have to report under the Home Mortgage Disclosure Act. That rule, issued in January, proposed that lenders be required to report the interest-rate spread on first lien loans with rates that exceeded comparable Treasury securities by
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