Today the Senate Banking Committee has a mark-up hearing to discuss its version of finreg legislation called the Economic Growth, Regulatory Relief and Consumer Protection Act.
The legislation has bipartisan sponsorship and would have changes directly affecting TRID and HMDA rules. Its passage out of committee is likely, but it does face opposition from Democratic committee members including Ranking Member Sherrod Brown (D-Ohio).
Read on for details of the bill and how it would change provisions affecting TRID and HMDA.
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