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CFPB temporarily changes mortgage data rule reporting threshold for community banks, credit unions

( August 24, 2017, 19:08 GMT | Official Statement) -- MLex Summary: The US Consumer Financial Protection Bureau on Thursday issued a rule amending the 2015 updates to the Home Mortgage Disclosure Act rule. The bureau has temporarily changed reporting requirements for banks and credit unions that issue home-equity lines of credit, and clarified the information that financial institutions are required to collect and report about their mortgage lending. Statement follows in full. ...

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