CFPB Releases New HMDA Reference Chart

On 10/15/2020, the CFPB released a new HMDA reference chart titled “Reportable HMDA Data: A Regulatory and Reporting Overview Reference Chart for HMDA Data Collected in 2021.” In the chart, the CFPB explains that the chart is intended to be used as a reference for data points that must be collected, recorded, and reported under HMDA rules. The chart includes applicable regulation and commentary sections as well as parts of the Filing Instruction Guide. In addition, the chart helps to explain when to report not applicable or exempt, including the codes used for reporting not applicable or exempt.

The new HMDA reference chart can be found here.

FinCEN Fines Bitcoin "Mixer" for BSA/AML Deficiencies

VIDEO:  Reg E Affirmative Consent

VIDEO: Reg E Affirmative Consent