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Empire Justice Center and Other Consumer Organizations Urge CFPB to Expand HMDA

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 requires the Consumer Financial Protection Bureau (CFPB) to write rules implementing improvements to data collected under the Home Mortgage Disclosure Act (HMDA) and to work with the U.S. Department of Housing and Urban Development (HUD) to create a new mortgage default and foreclosure database. Empire Justice is one of 14 organizations urging CFPB to act quickly to commence its HMDA rulemaking and work with HUD to create and make public the sorely-needed national mortgage default and foreclosure database.

Click here to read the letter.

February 21, 2013