CFPB Launches New HMDA Platform

Nov 06, 2017

The Consumer Financial Protection Bureau launched the beta version of its platform for Home Mortgage Disclosure Act reporting. The beta release allows financial institutions to become familiar with the HMDA platform and determine whether their sample Loan Application Register data complies with Filing Instructions Guide reporting requirements.

The beta version allows financial institutions to establish test login credentials, upload sample HMDA files and validate data, receive edit reports, and conclude the test filing process. During the beta period, financial institutions may test and retest as often as desired.

All test accounts and data established and uploaded during the beta period will be removed from the system when filing opens in January. Users can provide feedback to the CFPB at

Meanwhile, ICBA continues working to expand community bank HMDA exemptions. For instance, the ICBA-advocated Home Mortgage Disclosure Adjustment Act (H.R. 2954), which would exempt low-volume community bank mortgage lenders, passed the House Financial Services Committee last month.

Access the HMDA Platform ›