HMDA 2018 “Getting it Right!” Guide Released

Last week, the 2018 edition of A Guide to HMDA Reporting: Getting it Right! (the Guide) was released.  This edition of the Guide is effective for the 2018 calendar year data, to be submitted by March 1, 2019.  The Guide, developed by the Federal Financial Institutions Examination Council, provides a summary of certain key requirements of the Home Mortgage Disclosure Act (HMDA). The Guide does not  provide detailed information regarding HMDA data submission, or file, data, and edit specifications.

New features include “Where to Look” hints, and the complete Consumer Financial Protection Bureau’s (CFPB) Small Entity Compliance Guide in Appendix B. Copies of the previously published resources, such as the CFPB’s Reportable HMDA Data: A Regulatory and Reporting Overview Reference Chart are also included as sections of the Guide, and have been updated as of February 1, 2018.

Additional appendices include the complete text of Regulation C and the entirety of Regulation C’s official commentary.

The Guide is available here: https://www.ffiec.gov/hmda/guide.htm

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