New HMDA Data is Scary

07/28/2017
 
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By January 1, 2018 all lenders will be required to gather new HMDA data.  The new data that’s being required is simply scary.  It makes no sense to gather all this information on people when getting a mortgage loan.

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comments

Comments
  • I close in 16-18 days all the time. Just closed in 18 days with full underwriting. I released the loan contingency up front in my offer as I always do. And beat 2 other offers. Candice Davis in Roseville CA is my gal. Every client I take out must be fully underwritten!

    peter July 28, 2017 9:18 am Reply
  • LOL, this movement mortgage rant makes me think of this scene: https://www.youtube.com/watch?v=JB2di69FmhE

    Greg Wilcox July 29, 2017 9:06 am Reply

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