The CFPB has released a test version of the HMDA Platform that will be used to submit 2018 data. You can upload, review edits, certify, and submit data for 2018. However, any data entered will be removed when the filing period for 2018 data opens on January 1, 2019.
Remember, you must have a recognizable Legal Entity Identifier (LEI) to use the Platform. If you have a LEI that’s not currently recognized or have questions on registering to use the Platform, you can complete this form.
Are you getting a little nervous about submitting your HMDA Data for the first time under the new rules? Be sure to join us for our “HMDA: Are You Ready to Submit Your 2018 Data?” webinar on January 10th. We will take a look at some of the tricky areas, clearing validity errors, and much, much more!
Diane joined Banker’s Compliance Consulting with over 10 years of compliance experience and over 15 years of experience within the financial industry. Diane is a Certified Regulatory Compliance Manager (CRCM) and has a Bachelor’s Degree in Sociology with a concentration in Criminal Justice. She is a graduate of the Schools of Banking Compliance School and has participated in various other training opportunities throughout her career. Diane understands firsthand the struggles banks face in building and maintaining successful compliance programs. Her experience and common sense approach to consumer compliance is a great asset to our clients.
Diane and her husband have two kids who keep them busy. She enjoys running and other sports and is a big Bugs Bunny fan! She’s a bit crazy in that she does enjoy reading some of these regulations and she’s a “crazy cat lady!” Her cat tales are hilarious!