AAF: Home Mortgage Disclosure (Reg C) Costs Lenders $1.3 Billion (8.3 Million Paperwork Hours)

How much is Washington DC adding to cost of the home mortgage lending business? Better known as regulatory burden?
According to the American Action Forum, home mortgage disclosure (Reg C) has cost $1.3 billion so far with 8.3 million paperwork hours.

This post was published at Wall Street Examiner by Anthony B. Sanders ‘ July 21, 2016.