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CFPB RELEASES HMDA PLATFORM FOR BETA TESTING

Finally, HMDA covered financial institutions can view another piece to the never-ending puzzle of HMDA tools from the CFPB.  The HMDA Platform was released today for beta testing.  Starting with 2017 data collected, financial institutions are required to report HMDA data to the CFPB.  The platform must be utilized by all HMDA reportable financial institutions to submit their data required by March 1, 2018. The Bureau did clarify the reason for the release was to […]

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