On the recordJanuary 18, 2018
Currently, only mortgage lenders that have made fewer than 25 loans a year are exempt from this onerous data reporting requirement. All this bill does is extend that to 500 because I want our small banks to be making more than 25 loans a year to the small guy. I want them to make many more loans. Especially as this economy is improving, we want to support the small guy. With that, Mr. Speaker, I encourage my colleagues to support this commonsense piece of legislation.
