Friday, 28 October 2016

Did CFPB Target Mini-Correspondents in HMDA Warning Letters?

Mortgage brokers were among the companies that received the regulator's warning letters, but brokers are not required to report HMDA data — leading many to suspect mini-correspondents, which straddle the line between broker and lender, were the recipients.

source http://www.americanbanker.com/news/law-regulation/did-cfpb-target-mini-correspondents-in-hmda-warning-letters-1092177-1.html

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