2020 Free Tools UPDATE

As we look ahead to 2020, we wanted to let you know that we’ve updated some of the Free Lending Tools available on our website:

  • Version 4.5 of the TIL: Repayment Ability and Risk Requirements Rule is now available to help you comply with the Ability to Repay/Qualified Mortgage Rule.  It has been updated to reflect the adjusted points and fees amounts for 2020.
  • Version 3.0 of the HMDA Volume Test Chart is available to reflect that the temporary coverage threshold for open-end credit (500) has been extended until January 2022.
  • Version 3.2 of the HMDA Data Reporting Guide is also available.  In addition to some technical updates, we have updated the Small Filer requirements for the property address and property location fields. 

We hope you find these tools helpful! 


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