CFPB Launches HMDA Formatting Tool

Feb 02, 2018
,
,
The Consumer Financial Protection Bureau launched the 2018 Home Mortgage Disclosure Act Loan-Application Register Formatting Tool.

The LAR Formatting Tool is intended to help financial institutions, typically those with small volumes of covered loans and applications, to create an electronic file that can be submitted to the HMDA platform.

The CFPB also released an updated instructional guide.

Access the Formatting Tool and Guide