Why Revised Regulation C (HMDA) Implementation Efforts Should Start Today

​The impact of the revised Regulation C goes far beyond adding a few data elements to the annual HMDA data reporting.  The changes significantly impact origination and regulatory reporting processes within an organization, and its systems.  In order to correctly report on loans with applications taken in 2017 with a “last action date” post-January 1, 2018, lenders will need significant lead time to make the necessary adjustments and report in the new required format. The time to begin addressing the change is now!

(click here to see a video of the Newbold HMDA Webinar)