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Why you should NOT change your HMDA filing -- yet

Question: 
I’ve heard with the new law our HMDA requirements will be like 2017, is that right?
Answer: 

Not necessarily. There is some reversal, but exactly what small reporters will include in their LARs is unclear, and only part of the 2018 HMDA changes will be affected. We also don’t know when the Bureau will make the change effective.
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Dodd-Frank Rollback, What this New Law Means to You

First published on 06/17/2018

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