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MAPPS, a national association of mapping and geospatial firms, applauded the inclusion of a parcel geocoding provision providing for an ‘early warning system’ in S. 3217, the “Restoring American Financial Stability Act of 2010,” that passed the U.S. Senate today by a vote of 59-39. The bill makes amendments to the Home Mortgage Disclosure Act (HMDA), including a provision for the newly-created Bureau of Consumer Financial Protection within the Federal Reserve to collect the “parcel number to permit geocoding” on mortgage transactions. Read More
