Ho, Ho, HMDA
Last week, the FFIEC published its annual HMDA Newsletter. Access it here. The newsletter is a great resource for the individual at your credit union who is in charge of reporting HMDA data. It addresses recent changes, and it lists a number of valuable resources.Â
As a reminder, Reg C's threshold exemption has been bumped to $39 million.
Thus, depository institutions with assets of $39 million or less as of December 31, 2008, are exempt from collecting data in 2009.
Other HMDA resources are: