If your institution is a HMDA reporter, it’s important to know whether you are a small filer or a large filer. This is based primarily on loan volume over a period of time and large filers ultimately have to report more HMDA data than small filers. One data field that both small and large filers must report is the Property Address but there are ifs ands and buts. For instance, a large filer generally must report the street address, city, zip code, state, county and census tract for properties located in a Metropolitan Statistical Area (MSA). If the property is located outside an MSA, only the street address, city, zip code and state are required but if the institution is a large bank for Community Reinvestment Act purposes, they may still have to report everything.
David explains more in the video.