CFPB, Other Federal Regulators to Provide a ‘Good- Faith’ Grace Period for Enforcing New HMDA Rules
January 4, 2018
Mortgage lenders pressing to get compliant with the new data collection and reporting require-ments under the Home Mortgage Disclosure Act got a bit of a reprieve, as the Consumer Financial Pro-tection Bureau and the other prudential regulators announced they would take “good-faith efforts” ap-proach to enforcement.