Home Mortgage Disclosure (Regulation C) Asset-size Exemption Threshold Adjusted for Data Collection in 2020

In Client and Friends Memos by BMG Memorandum

In the December 20, 2019, issue of the Federal Register (84 FR 69993) the Consumer Financial Protection Bureau published a final rule amending the official commentary that interprets the requirements of HMDA’s Regulation C to reflect an increase in the asset-size exemption threshold for banks, savings associations, and credit unions for data collection in 2020.

Full Memorandum