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FFIEC Revised Guide to HMDA Reporting

Thu, Mar 8, 2018

The Federal Financial Institutions Examination Council (FFIEC) has revised A Guide to HMDA Reporting: Getting It Right! to reflect the October 2015 Home Mortgage Disclosure Act (HMDA) final rule, as amended in 2017. This compliance resource should help financial institutions better understand the final rule's requirements, including the data collection and reporting provisions.

Statement of Applicability to Institutions with Total Assets under $1 Billion: This Financial Institution Letter applies to all FDIC-supervised institutions subject to HMDA and Regulation C. A HMDA exemption applies to institutions with assets at or below a threshold specified in Regulation C.

HMDA, which is implemented by Regulation C, requires certain financial institutions to collect, report, and disclose information about their mortgage lending activity.
A Guide to HMDA Reporting: Getting It Right! provides a summary of key HMDA provisions, including information about HMDA's data collection, reporting, and disclosure requirements, and the purpose of these requirements.

A Guide to HMDA Reporting: Getting It Right!

New Subscription: FDIC Compliance Examination Manual Alerts
In addition to providing information to institutions through Financial Institution Letters (FILs), the FDIC has developed a new method for institutions and their consumer compliance personnel to opt in to receive alerts when the FDIC's Compliance Examination Manual (CEM) is updated or revised.

The CEM provides supervisory information to FDIC examination staff that conduct compliance examinations, Community Reinvestment Act performance evaluations, and other supervisory activities. It includes supervisory policies and examination procedures for evaluating compliance with federal consumer protection laws and regulations. The CEM is designed to promote consistency in the examination process and compliance with applicable laws and regulations. Financial institutions can use the CEM to obtain more information about the FDIC's examination process.

To sign up to receive CEM alerts, enter your email address on FDIC’s Email Updates webpage ( After this step, another page will open. Follow the instructions on the page to start receiving the alerts.