CFPB proposes HMDA changes for community banks and credit unions 

The Consumer Financial Protection Bureau released a proposed rule on Friday to reassess a section included in the Home Mortgage Disclosure Act that pertains to community banks and credit unions. Under the rule, financial institutions are generally required to report home-equity lines of credit if they made 100 such loans in each of the last two years. But now, the CFPB is questioning if it would be better to increase that threshold to 500 loans. Have thoughts on the matter? The CFPB is now accepting comment.