2018 Home Mortgage Disclosure Act data must be submitted by March 1
ALEXANDRIA, VA (January 25, 2019) — Credit unions with offices located in metropolitan areas that engage in certain types and volume of residential mortgage lending, and that had assets exceeding $45 million as of December 31, 2017, must file a Home Mortgage Disclosure Act loan/application register for calendar year 2018 loan activity by March 1.
Credit unions must submit their HMDA data using a web-based platform provided and maintained by the Consumer Financial Protection Bureau.
HMDA is implemented by the Consumer Financial Protection Bureau’s Regulation C.
You can learn more by accessing the amendments to Regulation C and additional information in the Fair Lending Compliance Resources section of the NCUA’s Consumer Compliance Regulatory Resources webpage.
About National Credit Union Administration (NCUA)
The NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the United States, the NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 124 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. The NCUA also protects consumers and educates the public on consumer protection and financial literacy issues.