2018 HMDA Submission Due March 1, 2019, Part 2: Requirements, Clearing Edits, Exempt Fields & More

It’s been a challenging year for HMDA reporters. Complex new rules were effective January 1, 2018, followed by the CFPB’s procedural rule issued August 31, 2018. The new rule allows partial exemptions of selected HMDA data fields for small volume institutions. It is critical to understand the rules and be adequately prepared to file an accurate submission of 2018 activity by the March 1, 2019, deadline.

This is Part 2 of a two-part series. Part 2 will focus on preparing data for submission and the technical requirements. Join us for an in-depth review of the partial exemption rules and exemption codes.

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