FFIEC Issues 2020 Version of A Guide to HMDA Reporting: Getting It Right!

Financial Institution Letter

Home Mortgage Disclosure Act (HMDA): FFIEC Issues 2020 Version of A Guide to HMDA Reporting: Getting It Right!


Summary:

The Federal Financial Institutions Examination Council (FFIEC) has issued the 2020 edition of A Guide to HMDA Reporting Getting It Right! for Home Mortgage Disclosure Act-related data collected in 2020 and reported in 2021. This compliance resource can help financial institutions better understand HMDA requirements, including the data collection and reporting provisions.

Statement of Applicability to Institutions with Total Assets under $1 Billion:

This Financial Institution Letter applies to all FDIC-supervised institutions covered by HMDA based on the asset threshold and other conditions stated in the Consumer Financial Protection Bureau's Regulation C.

Suggested Distribution:

FDIC-Supervised Institutions

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