HMDA-Getting it Right Updated April 2013

The FFIEC just announced the release of the April 2013 version of the Home Mortgage Disclosure Act Getting it
Right (HMDA-GIR) publication.

It appears the only “changes” have been to update the asset threshold for determining HMDA applicability ($42 million) and to change references from the Federal Reserve Board to the Consumer Financial Protection Bureau (CFPB).

The publication states it is to be used for 2013 calendar year data (due March 1, 2014).  This means that Appendix F was not updated with the recent MSA changes (see our April 13th blog).  We would expect a new version to be released sometime in the future to address these changes.

Published
2013/04/22
Amy Kudlacek
Amy Kudlacek

Amy Kudlacek

Amy brings many years of banking and compliance experience to Banker’s Compliance Consulting. She has worked for both large and small financial institutions and spent time working in every area of a bank. She started out as a teller in college and eventually became a branch manager. Her love, however, was always compliance. Amy began her career with Banker’s Compliance Consulting in 2000. Her knowledge and experiences have allowed her to develop a well-rounded and practical approach to regulatory compliance. Amy is CRCM certified, has a Bachelors Degree in Business Administration and is a graduate of the ABA Compliance School. Amy & her husband have two children at home and stay busy following their activities. They spend a lot of time in the bleachers!

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