WBK Industry News - Federal Regulatory Developments

CFPB Publishes 2019 Reportable HMDA Data Reference Chart

The CFPB recently published the Reportable HMDA Data: A Regulatory and Reporting Overview Reference Chart for HMDA Data Collected in 2019.  While not binding, the chart is meant to be used as a helpful reference tool with regard to data points that HMDA’s implementing Regulation C requires to be collected, recorded, and reported.  The 2019 edition updates the chart with revisions incorporated in the 2019 Filing Instructions Guide (FIG), and it provides, for ease of reference, when to report “not applicable” or “exempt” (including the codes used for reporting “not applicable” or “exempt” from Section 4 of the 2019 FIG), as well as relevant Regulation C references and basic descriptions for the data points.