Date:
Mar 1, 2017
Credit unions located in metropolitan areas that engage in certain types of residential mortgage lending and that had assets exceeding 44 million as of December 31, 2015, must file a report this year on mortgage loan applications received during 2016. The filing is required under the Home Mortgage Disclosure Act (HMDA), as implemented by the Consumer Financial Protection Bureaus Regulation C. Credit unions subject to HMDA requirements in calendar year 2016 must submit Loan Application Register data to the Federal Reserve Board by March 1, 2017.