The asset-size threshold used to determine HMDA (12 CFR 1003) applicability will increase to $45 million for 2018. The threshold was $44 million in 2017.
Don’t forget that the test to determine if your bank will be subject to HMDA in 2018 has also changed from 2017. Please refer to the CFPB’s HMDA institutional coverage flowchart for more information.
Published
2017/12/27
Amy Kudlaccek