Find out why a top-ten mortgage lender with a proprietary loan origination system (LOS) needed to convert from a legacy document platform.
The CFPB announced that the Filing Instructions Guide (FIG) for Home Mortgage Disclosure Act (HMDA) data collected in 2024 is now available. The 2024 FIG is a technical resource to help financial institutions file HMDA data collected in 2024 and reported in 2025.
They have also released the Supplemental Guide for Quarterly Filers for 2024, which includes 2024 calendar year quarterly deadlines. This guide will help financial institutions that are required to file HMDA data on a quarterly basis.
The 2024 FIG and the Supplemental Guide for Quarterly Filers for 2024 can be accessed at https://ffiec.cfpb.gov under Guides for HMDA Filers.
Find out why a top-ten mortgage lender with a proprietary loan origination system (LOS) needed to convert from a legacy document platform.
Learn more about the Goals Module and its key monitoring and reporting features.
Learn about the changes of state consumer protection and the responsibility of financial services institutions to pursue operational excellence and a culture of compliance.