A reference tool, in the form of a very long chart, for data points required to be collected, recorded, and reported under Regulation C (Home Mortgage Disclosure Act, or HMDA) was published Thursday by the consumer financial protection agency.
The 38-page chart, the Consumer Financial Protection Bureau (CFPB) noted, reflects amendments made to HMDA Rules that were issued Oct. 15, 2015, and Aug. 24, 2017. It also reflects changes made through last year’s regulatory relief legislation – specifically, section 104(a) of the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA, S. 2155) – as implemented and clarified by the interpretive and procedural rule issued on Aug. 31, 2018 (the 2018 HMDA Rule).
The bureau said that, for ease of reference, the chart also incorporates information found in the 2019 Filing Instructions Guide (Section 4.2.2) and provides when to report “not applicable” or “exempt,” including the codes used for reporting those conditions from section 4 of the 2019 Filing Instructions Guide.
However, the chart does not provide data fields or enumerations used in preparing the HMDA loan/application register (LAR), CFPB said.