FFIEC Aligns HMDA, TILA Triggers For Higher-Priced Mortgage Loans
October 12, 2009
The Federal Financial Institutions Examination Council recently approved updated examination procedures for the Home Mortgage Disclosure Act. The renewed procedures incorporate changes to HMDA’s Regulation C for reporting pricing information on higher-priced loans, which the Federal Reserve published in October last year, according to the FFIEC’s Task Force on Consumer Compliance...
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