See the announcement on the following page.
https://www.consumerfinance.gov/data-research/hmda/for-filers

They updated both FIGs and the FAQs. See the Technology Preview page for new info. https://www.consumerfinance.gov/data-research/hmda/tech-preview

See the HMDA loan scenarios document. https://www.consumerfinance.gov/data-research/hmda/static/for-filers/HMDA-Loan-Scenarios.pdf

Has anyone out there looked at the loan scenarios? I'm looking at the data related to the AUS, and I am super confused on their use of the non-applicable; for the multifamily (commercial) they used the numeric codes for "not applicable", but for the HELOC they used the alphabetic "NA". I have looked at the regulation and the FIG and the "NA" does not appear appropriate. I'm hoping someone will point me in the right direction, if I've missed something. I was going to use this for training, but the last thing I want to do is confuse my personnel.

They should have used codes instead of NA for automated underwriting and automated underwriting response

OH good, I suppose they'll have to issue a clarification on this too.

They fixed it. (Version 1.1)

I have this idea in my head that somewhere i heard that the allowable error rate for HMDA is going from 5% to 2%. Did i (hopefully) make that up?

I think the allowable error rate should be no less than the direct proportion of the number of errors in the CFPB resource materials.

LOL me too.

Another thing i have always thought was highly stupid...basically, you're better off having 5 loans with EVERY SINGLE FIELD wrong then you are having 6 loans with one field wrong each.