Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Relief law’s partial HMDA exemption explained in FDIC Financial Institution Letter
The partial exemption from Home Mortgage Disclosure Act (HMDA) reporting of certain data points, as provided under the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA, S. 2155), and limitations on its applicability is […]