HMDA Guide: GIR Updated

The FFIEC recently posted the 2022 Edition of its publication, A Guide to HMDA Reporting: Getting It Right!. While it doesn’t appear many updates were made, it does include the adjusted loan-volume threshold for reporting open-end lines of credit, which took effect January 1, 2022. As a reminder, you’re an open-end reporter if you originated at least 200 reportable open-end lines of credit in each of the prior two calendar years.

This Guide provides a good summary of the HMDA data collection, reporting, and disclosure requirements but isGuide not intended to be a substitution for the Regulation and/or Commentary or the FFIEC’s Filing Instruction Guide (FIG), which are the “definitive” sources for the HMDA requirements.

If you are a HMDA-reporting institution, you know just how tough compliance can be. We can help! We have a wide variety of webinars on various HMDA-related topics that will get or keep you on the right track!

HMDA Resources!

Published
2022/04/25
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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