HUD Issues New Rule for GSE Disclosures, But Policies Still Fall Short of HMDA Requirements
November 18, 2005
The Department of Housing and Urban Development moved ahead with new policies for disclosing business data provided by Fannie Mae and Freddie Mac – despite objections raised by the government-sponsored enterprises – but industry researchers are still not satisfied with the level of disclosure. Under a final rule published in the Nov. 10 Federal Register, whenever HUD determines that data provided by the GSEs should no longer be classified as proprietary information…