On 9/25/19, the CFPB announced the availability of their Filing Instructions Guide (FIG) for data collected in 2020 is now available. The FIG is a technical resource to help financial institutions file HMDA data collected in 2020 and reported in 2021.
In conjunction with this, the CFPB also announced a new resource, the Supplemental Guide for Quarterly Filers. This guide will help financial institutions required to file HMDA data quarterly beginning in 2020.
As you would expect, these changes to the FIG will be discussed in full during our 3Q 2019 Quarterly Compliance Update. Click here to see the tentative curriculum for this program.
You can view the 2020 HMDA FIG here.