Here’s what you really need to know
Just like my favorite rapper, T.I. –I’m back baby and better than ever!
If you’re anything like yours truly, you’ve been thinking more about a perfectly cooked roast with creamed spinach than you have about the increasingly bizarre intersection of politics policy and regulation. There’s been some real doozies over the last week and a half so here’s some quick hits on what you missed:
HMDA
Acting CFPB Director Mick Mulvaney is continuing to move quickly to make a decisive imprint on the CFPB. On December 31st, he announced that the Bureau did not intend to require institutions to resubmit data or assess penalties with respect to information collected in 2018 and reported in 2019 under the Home Mortgage Disclosure Act. In addition, we can expect proposed amendments to the CFPB’s regulations which greatly expanded the amount of data mortgage lenders have to collect starting yesterday.
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