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InfoSight Highlight: Loan Channel-Home Mortgage Disclosure Act
Friday, February 2, 2018 6:55 AM

The Home Mortgage Disclosure Act had some significant changes that were effective Jan. 1, 2018, and this channel in ComplySight was updated to reflect those changes. Included among them are:

  • The types of transactions needing to be reported;
  • New data points to be captured and reported;
  • Collection and reporting of certain applicant information;
  • Method of data reporting; and
  • Required disclosures

Source:  InfoSight Compliance

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