The CFPB recently released a redesigned version of its Home Mortgage Disclosure Act (HMDA) data and research page. The webpage provides access to various types of HMDA information and data, including HMDA data of individual institutions, and HMDA data aggregated on a national basis and a metropolitan area basis.
The CFPB advises that in the coming months the Federal Financial Institutions Examination Council (FFIEC) will publish a query tool for the 2018 HMDA data. Calendar year 2018 was the first year that institutions were required to collect information based on the greatly expanded and revised HMDA data requirements adopted in October of 2015. Please see our blog post on CFPB efforts to revisit the changes to the HMDA rule made in October 2015.
Once the new FFIEC query tool becomes available, the CFPB will retire the current HMDA Explorer tool and the application programming interface (API) that powers the tool, as they are not compatible with the HMDA data collected in 2018 or later.
