CFPB – Reportable HMDA Data: A Regulatory and Reporting Overview Reference Chart for HMDA Data Collected in 2019 – Updated January 31, 2019

Written By: Tammy Butler, Master CMB If you are responsible for filing HMDA data, this recently updated chart is important to get your report right for 2019. Rule Synopsis: Effective January 1, 2018 Dodd Frank mandated required updates to the collection of HMDA data from mortgage lenders.  The CFPB added additional fields beyond what was required [...]

2019-02-10T17:02:15-05:00February 10th, 2019|

CFPB – HMDA Data Disclosure Policy Guidance – Dated December 21, 2018

Written By: Tammy Butler, Master CMB After years of preparation, the days are finally here where lenders will be uploading their HMDA data into a new system, new bureau and twice the amount of data as before.  As this affects all areas of origination, this is a must read. Rule Synopsis: Effective January 1, 2018 [...]

2019-01-10T08:42:51-05:00January 10th, 2019|

CFPB – BCFP Issues Annual Fair Lending Report – Dated December 4, 2018

Written By: Tammy Butler, Master CMB Never underestimate the CFPB and their priorities regarding mortgage lenders.  There are many uninformed ranters on the internet speaking of the demise of the bureau, and that couldn’t be farther from the truth.  Read this article to learn about the latest edition of the bureau’s fair lending report. Rule [...]

2018-12-10T08:35:35-05:00December 10th, 2018|

CFPB – HMDA 2019 Filing Instructions Guide-Dated October 2018

Written By: Tammy Butler, Master CMB Just when you thought you figured out the 2018 HMDA filing, the 2019 instructions hit your desk! Rule Synopsis: Starting with the 2018 HMDA Data, lenders are required to submit this new data set to the CFPB through their newly constructed portal.  Previous to that, lenders submitted the older [...]

2018-11-09T08:37:40-05:00November 9th, 2018|

CFPB Data point: 2017 Mortgage Market Activity and Trends, May 7, 2018

By: Tammy Butler, Master CMB The CFPB released its first Data Point Analysis Document using HMDA data.  This is our first peek into what they are looking for in lender HMDA data.  Paying attention to this report is very telling as to how mortgage lenders are likely to be evaluated as the new 2018 data [...]

2018-06-11T10:42:40-05:00June 11th, 2018|