---
title: HMDA Compliance Training - 2018 Demographic Information Collection
description: Bankers Compliance offers HMDA Training & Consulting through online resources, including webinars & live events - 2018 Demographic Information Collection
---

[Banker's Compliance Consulting Blog ](https://blog.bankerscompliance.com/en)

# [HMDA Compliance Training - 2018 Demographic Information Collection](https://blog.bankerscompliance.com/en/2018-demographic-information-collection)

 Written by [Amy Kudlacek](https://blog.bankerscompliance.com/en/author/amy-kudlacek) | Nov 30, 2017 2:01:35 PM

One question we get frequently about the 2018 [HMDA](https://www.bankerscompliance.com/banking-regulations-compliance-services/reviews-2/hmda/) rules is how to transition from 2017 requirements to the 2018 requirements.  For example, what do you do with a HMDA application that’s received in 2017 but the loan won’t be closed until 2018?  There’s actually a couple of different things to consider:

 

- When it comes to collecting Government Monitoring Information (GMI)/Demographic Information (DI), you can follow the 2017 GMI collection rules, for an application received in 2017. If you collect GMI in 2017, you will report it that way (without subcategories) on your 2018 HMDA-LAR.  You also have the option to follow the 2018 DI collection rules for applications received in 2017.  If you collect DI in 2017, you may report GMI (without subcategories) or DI (with subcategories) on your 2018 HMDA-LAR.  The CFPB created a [helpful chart](https://s3.amazonaws.com/files.consumerfinance.gov/f/documents/201701_cfpb_HMDA-Ethnicity-and-Race-Collection.pdf) as a guide.

 

- Outside the GMI/DI rule stated above, there are no other transition rules. Any application with a 2018 action taken date will need to have all of the new data required by the 2018 rule collected and reported on your 2018 HMDA-LAR.

 

Want a last-minute refresher on collecting Demographic Information?  It’s more difficult than you may think.  Be sure to join us for our [HMDA Demographic Information Collection](https://store.bankerscompliance.com/#/product/e97758a0-3ae6-4005-8d2f-47a65462fa7c?keyword=) webinar on December 7, 2017.

 

Published  
 2017/11/30  
 Amy Kudlacek

[View full post](https://blog.bankerscompliance.com/en/2018-demographic-information-collection)

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