In the December 20, 2019, issue of the Federal Register (84 FR 69993) the Consumer Financial Protection Bureau published a final rule amending the official commentary that interprets the requirements of HMDA’s Regulation C to reflect an increase in the asset-size exemption threshold for banks, savings associations, and credit unions for data collection in 2020.
Home Mortgage Disclosure (Regulation C) Asset-size Exemption Threshold Adjusted for Data Collection in 2020
by BMG Memorandum | Dec 20, 2019 | Client and Friends Memos