CFPB to Evaluate HMDA Rules Changes

Citing studies that have found racial disparities in mortgage lending, the Consumer Financial Protection Bureau said it plans to review recent changes to the Home Mortgage Disclosure Act (HMDA) rules and has requested public input on those rules.

HMDA Data Shows Need for More Homes

A new analysis of Home Mortgage Disclosure Act data by the UMass Donahue Institute and the Massachusetts Community & Banking Council shows the toll high home prices are taking on the Bay State’s Black and Brown communities, and the importance of building more housing in Greater Boston.