Regulatory News
We are proposing changes to Regulation C to help industry comply and are looking for your feedback
Updated October 6, 2026. This 2017 proposal has since been finalized. The outcome, with dates taken from the Federal Register, is under What did the final rule change? at the end of this post. The original announcement follows unchanged. Today we released a proposal to amend Regulation C to provide certain clarifications that would help companies comply with their data reporting requirements. Regulation C implements the Home Mortgage Disclosure Act (HMDA). The Home Mortgage Disclosure Act (HMDA) requires many financial institutions to maintain, report, and publicly disclose information about mortgages. HMDA was originally enacted by Congress in 1975. These public data are important because they help show whether lenders are serving the housing needs of their communities; they give…
CFPB Issues Proposal to Clarify Mortgage Data Rule
Updated October 6, 2026. This 2017 proposal has since been finalized. The outcome, with dates taken from the Federal Register, is under What did the final rule change? at the end of this post. The original announcement follows unchanged. Proposal Would Clarify Requirements and Help Companies Comply WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today issued a proposal to facilitate compliance with the 2015 updates to the Home Mortgage Disclosure Act (HMDA) rule. The changes proposed today would help financial institutions comply with the 2015 HMDA Final Rule by clarifying the information they are required to collect and report about their mortgage lending. "The Home Mortgage Disclosure Act shines a much-needed spotlight on the mortgage market, which is the…
CFPB Issues Proposal to Provide Flexibility to Certain Mortgage Lenders in Collecting Information
Updated October 6, 2026. This 2017 proposal has since been finalized. The outcome, with dates taken from the Federal Register, is under What did the final rule change? at the end of this post. The original announcement follows unchanged. Proposed Rule Would Also Aid in Adoption of New Forms WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today released a proposal to amend Equal Credit Opportunity Act regulations to provide additional flexibility for mortgage lenders in the collection of consumer ethnicity and race information. The CFPB believes the proposed amendments will provide greater clarity to lenders regarding their obligations under the law, while promoting compliance with rules intended to ensure consumers are treated fairly. "This law is a key part of…
CFPB takes action against Nationstar Mortgage for flawed mortgage loan reporting
Bureau's $1.75 Million Civil Penalty for Persistent and Substantial Reporting Errors is the CFPB's Largest Penalty to Date for HMDA Violations WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today ordered Nationstar Mortgage LLC to pay a $1.75 million civil penalty for violating the Home Mortgage Disclosure Act (HMDA) by consistently failing to report accurate data about mortgage transactions for 2012 through 2014. Today's action is the largest HMDA civil penalty imposed by the Bureau to date, which stems from Nationstar's market size, the substantial magnitude of its errors, and its history of previous violations. In fact, Nationstar had been on notice since 2011 of HMDA compliance problems. In addition to paying the civil penalty, Nationstar must take the…
Agencies release annual CRA asset-size threshold adjustments for small and intermediate small institutions
The federal bank regulatory agencies today announced the annual adjustment to the asset-size thresholds used to define small bank, small savings association, intermediate small bank, and intermediate small savings association under the Community Reinvestment Act (CRA) regulations. The annual adjustments are required by the CRA rules. Financial institutions are evaluated under different CRA examination procedures based upon their asset-size classification. Those meeting the small and intermediate small institution asset-size thresholds are not subject to the reporting requirements applicable to large banks and savings associations unless they choose to be evaluated as a large institution. Annual adjustments to these asset-size thresholds are based on the change in the average of the…
- 2025 Community Reinvestment Act (CRA) Small Business, Small Farm and Community Development Lending Data: What Changed and What to Do Next
- The CFPB's Semiannual Report: What Narrower Federal Enforcement Means for Fair Lending, HMDA and Community Reinvestment Act (CRA) Programs
- How to Choose Section 1071 Software: What to Test Before Your First Filing
- The Regulation B Lawsuits: What Your Fair Lending Program Should Keep Doing While the Rule Is in Court
- California's New Fair Lending Exam Law: What State-Chartered Banks, Credit Unions and Mortgage Licensees Should Have Ready
- November 2026
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- 2025
- 2022
- 2021
- 2020
- 2017
- HMDA vs CRA vs Section 1071: What Each Rule Collects and Who Has to File
- 2026 HMDA Data: Your Filing Checklist for the March 1, 2027 Deadline
- HMDA Plus: What It Actually Changed in the LAR Workflow
- Fair Lending Regression Analysis: What It Controls For and How to Explain a Pricing Disparity
- How to Evaluate Fair Lending and CRA Software: What to Test Before You Sign
- What a Fair Lending Exam Actually Asks For
- What Actually Counts as a Small Business Loan Under Section 1071
- Section 1071 in 2026: What Lenders Need to Know About Small Business Lending Data
- How to Benchmark Your CRA and HMDA Lending Against Peer Data
- Special Report: Geocoding - Achieving the Highest Accuracy
