Thread Options
#2034932 - 08/20/15 06:08 PM Key Fields
Sisyphus Offline
100 Club
Sisyphus
Joined: Jun 2008
Posts: 222
Where is the list of key HMDA fields?

Return to Top
HMDA

   
HMDA Academy
#2034934 - 08/20/15 06:17 PM Re: Key Fields Sisyphus
Ski Offline
Platinum Poster
Joined: May 2003
Posts: 639
South Louisiana
*Key data fields include: Loan Type; Loan Purpose; Property Type; Owner Occupancy; Loan Amount; Action Taken; Census Tract; Ethnicity, Race and Sex (for applicant and co-applicant); Income; Type of Purchaser; Rate Spread; Home Ownership and Equity Protection Act (“HOEPA”) Status; Lien Status, State, MSA, and County.

This is found on page V-9.21 of the FDIC Compliance Exam for HMDA (dated January 2014).

Return to Top
#2034940 - 08/20/15 06:34 PM Re: Key Fields Sisyphus
Kathleen O. Blanchard Offline

10K Club
Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,277
Of course if you are not FDIC look in your regulator's HMDA exam procedures.
_________________________
Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

Return to Top
#2034941 - 08/20/15 06:36 PM Re: Key Fields Ski
raitchjay Offline
Power Poster
Joined: Oct 2009
Posts: 8,674
OK
Originally Posted By Ski
*Key data fields include: Loan Type; Loan Purpose; Property Type; Owner Occupancy; Loan Amount; Action Taken; Census Tract; Ethnicity, Race and Sex (for applicant and co-applicant); Income; Type of Purchaser; Rate Spread; Home Ownership and Equity Protection Act (“HOEPA”) Status; Lien Status, State, MSA, and County.

This is found on page V-9.21 of the FDIC Compliance Exam for HMDA (dated January 2014).


This seems like...well....just about every field...Wouldn't it have been easier for them (the FDIC i guess in this case) to label the 'non-key fields'?
_________________________
I'm fixin' to fix that.

Return to Top
#2034944 - 08/20/15 06:40 PM Re: Key Fields Sisyphus
Kathleen O. Blanchard Offline

10K Club
Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,277
Yes it would. The list has grown!
_________________________
Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

Return to Top
#2034945 - 08/20/15 06:43 PM Re: Key Fields Sisyphus
raitchjay Offline
Power Poster
Joined: Oct 2009
Posts: 8,674
OK
wink
_________________________
I'm fixin' to fix that.

Return to Top
#2034969 - 08/20/15 07:36 PM Re: Key Fields Sisyphus
Sisyphus Offline
100 Club
Sisyphus
Joined: Jun 2008
Posts: 222
Thanks, everyone! The examiners told me it's in the GIR but I didn't find it there. I'll look in their exam manual. Yes, let's just call everything critical!!

Return to Top
#2034978 - 08/20/15 08:11 PM Re: Key Fields Kathleen O. Blanchard
TMatt87 Offline
Diamond Poster
TMatt87
Joined: May 2011
Posts: 1,922
Idaho
Originally Posted By Kathleen B
Yes it would. The list has grown!


And about to grow a whole lot more. Does anyone know when the HMDA final rule is going to be released? All I see is sometime this month.
_________________________
All opinions are my own, not my employer's

Return to Top
#2034982 - 08/20/15 08:23 PM Re: Key Fields Sisyphus
Kathleen O. Blanchard Offline

10K Club
Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,277
I just emailed them today and asked that very question. It was on the schedule for July.
_________________________
Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

Return to Top
#2035001 - 08/20/15 09:43 PM Re: Key Fields Sisyphus
TMatt87 Offline
Diamond Poster
TMatt87
Joined: May 2011
Posts: 1,922
Idaho
I saw it was supposed to be in July, but I checked the Spring Rule Making Agenda and it was pushed back to August. I know I won't be able to dissect it with all the TRID stuff going on, but I would like to see if they dropped any of the bizarre fields that they were proposing.
_________________________
All opinions are my own, not my employer's

Return to Top
#2035006 - 08/20/15 10:45 PM Re: Key Fields Sisyphus
Kathleen O. Blanchard Offline

10K Club
Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,277
Exactly.
_________________________
Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

Return to Top

Moderator:  SMQ, CRCM