2018 HMDA Flowchart
This flowchart can be used to determine whether the Bank is a covered reporter, to what extent they are a HMDA reporter, and whether the loan is covered under HMDA. This flowchart will assist in determining to what extent HMDA applies. Updated the threshold for collecting and reporting data with respect to open-end lines of credit, which was temporarily increased from 100 to 500 for the 2018 and 2019 calendar years.
Members Can Download This Tool
Login to Download
Not Yet a Member?
Financial compliance consulting for small-to-medium community banks, Compliance Alliance is owned by 27 state bankers associations and trusted by financial institutions nationwide. Find out how a personalized team of attorneys and compliance professionals helps financial institutions like yours to operate leaner and stimulate growth across your entire enterprise when you take our demo/tour.