Summary outlines HMDA data collection alert

(March 5, 2021) A “regulatory alert” outlining Home Mortgage Disclosure Act (HMDA) data collection is outlined by NASCUS in one of the latest summaries to be posted by the association.

The summary is available to members only.

Last month, the agency issued its Regulatory Alert 21-RA-04, which lists the requirements for collecting HMDA data associated with mortgage loan applications processed during 2021. The alert also lists (as further noted in the summary) the HMDA data partial exemptions for certain transactions.

NASCUS Summary: NCUA Regulatory Alert 21-RA-04, HMDA Data Collection Requirements for Calendar Year 2021