FHFA AND CFPB PARTNER ON DEVELOPMENT OF NATIONAL MORTGAGE DATABASE

摘要

The Federal Housing Finance Agency (FHFA) and Consumer Financial Protection Bureau (CFPB) have agreed to partner on the creation of a National Mortgage Database-the first comprehensive repository of detailed mortgage loan information. The database's primary use will be to support the agencies' policymaking and research efforts. It will also help regulators to better understand emerging mortgage and housing market trends. "This partnership between FHFA and CFPB will create a unique resource that benefits the government and public as we seek to answer important questions about how the housing finance market is evolving and changing," said FHFA Acting Director Edward J. DeMarco. "This collaborative effort is a great way to pool expertise and leverage resources for the benefit of regulators and the public."