If you are a large filer for HMDA, the property address is one of the pieces of data you are required to collect and report.
If the property is located within your financial institution’s Metropolitan Statistical Area (MSA), the property address data you report is comprised of six pieces of data. These are:
- Street Address
- City
- Zip Code
- State
- County
- Census Tract (only counties with populations of 30,000+)
However, if the property is located outside your institution’s MSA or you are a large bank for CRA purposes, the information you are required to report could vary.
David explains more in the video.
Ready to learn more? JOIN US for our webinar, “HMDA Data for Large Filers”. Featured topics include:
- What’s Required? What’s Not?
- Line-by-Line Instructions for the Data Fields
- Common Errors & Hot Spots
- Fair Lending Intersections
- Best Practices, Interpretations, Guidance & Much More!
Published
2022/03/17