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New HMD Requirements and Executing in Point Important Note: this document consists of general information that Calyx is providing to its customers in connection with questions submitted by attendees

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What is new HMDA requirements?

New HMDA requirements refer to the updated regulations under the Home Mortgage Disclosure Act.

Who is required to file new HMDA requirements?

Financial institutions that meet certain criteria are required to file new HMDA requirements.

How to fill out new HMDA requirements?

Financial institutions can fill out new HMDA requirements by collecting and reporting specific data points as required by the regulation.

What is the purpose of new HMDA requirements?

The purpose of new HMDA requirements is to provide greater transparency in the mortgage lending market and to help detect and prevent discriminatory practices.

What information must be reported on new HMDA requirements?

Information such as loan application details, borrower demographics, and loan terms must be reported on new HMDA requirements.

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