On Thursday, federal financial institutions regulators issued a joint statement on the implementation of the Economic Growth, Regulatory Relief, and Consumer Protection Amendment with regard to changes to the Home Mortgage Disclosure Act.
The Bureau expects later this summer to provide further guidance on the applicability of the Act to HMDA data collected in 2018.
All LARs will be submitted to the same HMDA Platform. A beta version of the HMDA Platform for submission of data collected in 2018 will be available later this year for filers to test.