On May 14, 2024, the FFIEC issued the 2024 edition of A Guide to HMDA Reporting: Getting It Right! for Home Mortgage Disclosure Act (HMDA)-related data collected in 2024 and reported in 2025. This longstanding compliance resource has regularly been used by financial institutions as a “go-to” HMDA resource as it can help financial institutions better understand HMDA requirements, including the data collection and reporting provisions.

The FFIEC’s A Guide to HMDA Reporting: Getting It Right! summarizes key provisions of HMDA and its implementing regulation, Regulation C. The FFIEC is issuing the 2024 edition of the Getting It Right guide, which applies to data that HMDA requires covered institutions to collect in 2024 and report to supervisory agencies by March 1, 2025.

A financial institution is not subject to Regulation C unless it originated at least 25 covered closed-end mortgage loans in each of the two preceding calendar years or at least 200 covered open-end lines of credit in each of the two preceding calendar years, and it meets other applicable coverage requirements.

The HMDA Getting it Right Guide can be found here.

Adam Witmer

Adam Witmer is a speaker, author, and founder of the Compliance Cohort. Adam has taught hundreds of seminars and training sessions to thousands of bankers throughout the United States and teaches on all areas of regulatory compliance. Adam has written five e-books that he never published, hit a grizzly bear while driving in a National Park, and is an award winning photographer and musician (though he no longer takes photos nor plays any instruments). In his spare time, Adam can be found kayaking on the lake, doing taekwondo with his kids, working on his (project) house, or spending time with his family.

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