CFPB Statement on Implementation of the Economic Growth, Regulatory Relief, and Consumer Protection Act Amendments

Today the Bureau of Consumer Financial Protection (Bureau) issued the following statement:

On May 24, 2018, the President signed the Economic Growth, Regulatory Relief, and Consumer Protection Act (the Act), a section of which amends the Home Mortgage Disclosure Act (HMDA). [1] The Act provides partial exemptions for some insured depository institutions and insured credit unions from certain HMDA requirements. [2] The partial exemptions are generally available to insured depository institutions and insured credit unions:

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