Home Loan Quality Transparency Act of 2021 This bill expands requirements for public disclosures by depository institutions and credit unions regarding mortgages and home equity lines of credit. Specifically, institutions originating fewer than 500 mortgage loans or open-end lines of credit annually are no longer exempt from certain financial reporting.
Banking and financial institutions regulationBusiness recordsGovernment information and archivesHousing finance and home ownership
Home Loan Quality Transparency Act of 2021
USA117th CongressS-767| Senate
| Updated: 3/16/2021
Home Loan Quality Transparency Act of 2021 This bill expands requirements for public disclosures by depository institutions and credit unions regarding mortgages and home equity lines of credit. Specifically, institutions originating fewer than 500 mortgage loans or open-end lines of credit annually are no longer exempt from certain financial reporting.