HMDA FIG Updated for 2021

In August, September, October, and November of 2020, the CFPB updated their Filing instructions guide for HMDA data collected in 2021. Updates to this guide are made annually, and the updates include the following:

• August 2020, version 1.0

  • 1. Section 3.4, Table 1 and Section 4.2.1

    • Updated Calendar Year and Federal Agency values

  • 2. Section 3.4, Table 2 and Section 4.2.2 

    • Updated examples for Application Date and Action Taken Date  Added Automated Underwriting System value

  • 3. Section 4.2.1 

    • Updated example for Calendar Quarter

  • 4. Section 4.2.2 

    • Updated year in Ethnicity of Applicant or Borrower, Race of Applicant or Borrower, and Sex of Applicant of Borrower descriptions

  • 5. Section 5.2 

    • Updated table to show 2021 edit revisions

  • 6. Section 5.3, Table 5 

    • Revised edit S304  Added edit V719

  • 7. Section 5.3, Table 6 

    • Revised edit V695 and V696

  • 8. Section 5.3, Table 7 

    • Revised edit Q615, Q616, and Q650  Added edit Q655

  • 9. Section 5.3, Table 8 

    • Added edits Q656 and Q657

• August 2020, Version 1.1

  • 1. Section 3.4, Table 2

    • Updated Automated Underwriting System valid values

• September 2020, Version 1.1.1

  • 1. Section 3.4, Table 2

    • Added and updated Automated Underwriting System valid values

  • 2. Section 4.2.2

    • Corrected date listed in code b of the GMI visual observation or surname fields

• October 2020, Version 1.1.2

  • 1. Section 5.3, Table 6

    • Updated Automated Underwriting System value in edit V696

• November 2020, Version 1.1.3

  • 1. Section 5.3, Table 8 and Section 5.3, Table 7

    • Reclassified macroquality edits Q656 and Q657 as quality edits

The full version of the HMDA FIG can be found here.