2019 HMDA Guide Released
The CFPB announced the release of the 2019 version of A Guide to HMDA Reporting: Getting it Right. The Guide addresses the collection of data under the Home Mortgage Disclosure Act (HMDA) during 2019 that must be reported in 2020.
The Guide incorporates the amendments to HMDA made by the Economic Growth, Regulatory Relief, and Consumer Protection Act (also known as S.2155). We previously reported on the partial exemption from HMDA reporting for lower volume depository institutions made by the Growth Act, and a related CFPB interpretive rule.
Appendices to the Guide include charts addressing HMDA coverage, reporting categories and other items.