Compliance Blog

Dec 29, 2008
Categories: Home-Secured Lending

Ho, Ho, HMDA

Last week, the FFIEC published its annual HMDA Newsletter.  Access it here.  The newsletter is a great resource for the individual at your credit union who is in charge of reporting HMDA data.  It addresses recent changes, and it lists a number of valuable resources. 

As a reminder, Reg C's threshold exemption has been bumped to $39 million.

Thus, depository institutions with assets of $39 million or less as of December 31, 2008, are exempt from collecting data in 2009.

Other HMDA resources are: