Although new HMDA data shows no negative effects from CFPB mortgage rules that went into effect last year, industry representatives argue it isn't showing the full picture.
"I didn't think they answered questions lenders were asking," said risk management consultant Becky Walzak.
Lenders and vendors found no bad surprises in the Truth in Lending Act/Real Estate Settlement Procedures Act integrated disclosure exam guidance, but it didn't clarify much industry confusion either.
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