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Effective January 1, 2019Reportable HMD Data: A Regulatory and Reporting Overview Reference Chart for HMD Data Collected in 2019 a chart is intended to be used as a reference tool for data points
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Collect all necessary data such as applicant information, loan details, property information, etc.
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Start filling out the reportable HMDA data by entering the required information accurately.
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Review the completed report for accuracy and completeness.
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Submit the report to the appropriate authority or institution as per the reporting guidelines.

Who needs reportable hmda data a?

01
Financial institutions that are covered by the Home Mortgage Disclosure Act (HMDA) need reportable HMDA data.
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This includes banks, credit unions, mortgage companies, and other lenders that meet the criteria set forth by HMDA.
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Reportable HMDA data is data related to mortgage loans that must be reported in accordance with the Home Mortgage Disclosure Act (HMDA).
Financial institutions that meet certain criteria set forth in the HMDA are required to file reportable HMDA data.
Reportable HMDA data can be filled out electronically using the HMDA platform or by submitting required forms to the appropriate regulatory agency.
The purpose of reportable HMDA data is to provide insight into lending practices and help identify potential discriminatory practices in the mortgage lending industry.
Reportable HMDA data includes information such as loan amount, type of loan, applicant information, property information, and more.
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