Submission of 2020 HMDA Data due March 1, 2021


Credit unions located in metropolitan areas that engage in certain types and volume of residential mortgage lending, and that had assets exceeding $47 million as of Dec. 31, 2019, must file a report this year on mortgage loan applications received during 2020. The filing is required under the Home Mortgage Disclosure Act (HMDA), as implemented by the Consumer Financial Protection Bureau’s (CFPB) Regulation C.

Credit unions subject to HMDA requirements in calendar year 2020 must submit loan/application register data to the CFPB by March 1, 2021.

To determine if your credit union must submit HMDA data for calendar year 2020 activity, please review the 2020 HMDA Institutional Coverage Chart.

Read the regulatory alert here.

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