FHA collects demographics

Today, the Federal Housing Administration (FHA) is informing mortgagees of planned changes in the FHA Connection (FHAC) system to capture expanded borrower demographic information that mortgagees must begin collecting on January 1, 2018, in accordance with the new Home Mortgage Disclosure Act (HMDA) Final Rule. This information is available to be collected on the Demographic … Continue reading FHA collects demographics