Deadline July 1, 2020: HMDA Final Rule on Closed-End Loan Data Collection & Reporting

  • by ICBSD
  • Jun 05, 2020
  • 0

Date(s) - 06/05/2020
10:00 am - 11:30 am


Deadline July 1, 2020: HMDA Final Rule on Closed-End Loan Data Collection & Reporting

Don't miss this webinar.

Do you know what HMDA reporting is required before and after this mid-year transition? Even in the midst of pandemonium, reporting is still required. Ensure you know what the rules are before the July 1 deadline – it just might be good news for your institution!


  • $230 – Live Webinar
  • $230 – Recorded Webinar + Free Digital Download
  • $350 – BOTH Live Webinar and Recorded Webinar + Free Digital Download


In the midst of the COVID-19 pandemic, the CFPB delivered some good news for financial institutions. Effective July 1, 2020, the final rule amends HMDA to increase the permanent threshold for collecting and reporting data on closed-end mortgage loans from 25 to 100 originated loans. This will significantly reduce the number of smaller filers who are originating fewer than 100 closed-end HMDA reportable loans. Attend this webinar and learn the impacts of the revised rules. It is important to understand that collecting demographic information is not a requirement exclusive to HMDA, and institutions should continue to collect information as required by the Equal Credit Opportunity Act (Regulation B) for the purchase and refinance of a borrower’s principal residence.

Attendance certificate provided to self-report CE credits.


This informative session is for staff who manage HMDA reporting, including loan operations staff, loan officers, loan assistants, processors, compliance officers, and auditors.