HMDA Data: Universal Loan Identifier

If you are a “large filer” for HMDA, meaning you report ALL data fields, you are required to report a Universal Loan Identifier or ULI. A ULI is a unique number you assign to essentially identify a covered application. While that might seem pretty straightforward, there are some requirements. For example, your ULI must begin with your institution’s LEI (Legal Entity Identifier), you cannot exceed 23 characters (not including the LEI) and the ULI cannot include any personal information that could identify the applicant (SSN, Passport number, etc.).

David explains more in the video.

Video Highlights:

• The Universal Loan Identifier (ULI) is a way to identify a HMDA covered application.
• ULIs can have alpha-numeric characters and check digits, with a maximum of 23 characters.
• The purpose of a ULI is to ensure privacy.

Published
2023/03/10