Temporary HMDA Threshold Increase

The CFPB proposes amendments to Regulation C that would, for a period of two years, increase the threshold for collecting and reporting data with respect to open-end lines of credit so that financial institutions originating fewer than 500 open-end lines of credit in either of the preceding two years would not be required to begin collecting such data until January 1, 2020.

Comment to CUNA Staff Provide feedback here
CUNA Comment Letter
Agency/Entity Consumer Financial Protection Bureau
Agency Comment Deadline 07/31/2017
Docket/Identifying #


CUNA Contact

Luke Martone