Reprinted below is the text of the CFPB press release regarding the 2013 HMDA data released by the FFIEC on September 22, 2014. Pay particular attention to the explanation of how the regulators use HMDA data in their examinations to determine whether a lender is complying with fair lending laws. With the addition of more data points in the proposed HMDA regulations (see the August 29, 2014 memorandum posted on our website, we believe future HMDA data will become more critical in fair lending examinations. For further information regarding the HMDA data, click on the hyperlinks and URLs in the CFPB press release. Federal Financial Institutions Examination Council Announces Availability of 2013 Data on Mortgage Lending The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on mortgage lending transactions at 7,190 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA). Covered institutions include banks, savings associations, credit unions, and mortgage companies. The HMDA data made available today cover 2013 lending activity, and include applications, originations, purchases and sales of loans, denials, and other actions related to applications.

Complete Memorandum