The state of New York recently adopted legislation applying the Community Reinvestment Act (CRA) to nonbank mortgage lenders, also known as independent mortgage banks (IMBs). This comes after similar ...

July 16, 2024 - Earlier this year, the prudential banking regulators (Office of the Comptroller of the Currency, Federal Reserve Board, and Federal Deposit Insurance Corporation) proposed to revise ...

The latest 2023 Home Mortgage Disclosure Act (HMDA) data is in, and it confirms a few key trend lines for the mortgage industry: there was significantly less interest in mortgage loans in 2023, and ...

Navy Federal's troubles with lending discrimination would likely have been remedied long ago if it were subject to the Community Reinvestment Act, writes Ken Thomas. Had Navy Federal been subject to ...

The Home Mortgage Disclosure Act (HMDA) is a pivotal U.S. federal law enacted to ensure transparency in the mortgage lending industry. By mandating financial institutions to disclose detailed mortgage ...