Regulatory News
2026 HMDA Data: Your Filing Checklist for the March 1, 2027 Deadline
HMDA data collected during 2026 is due on the HMDA Platform by March 1, 2027. That date is a Monday, so this cycle has no weekend shift to plan around. Whether this is your first filing or your thirtieth, working through a structured preparation process is what keeps the last week of February from turning into a scramble. This checklist covers the steps compliance officers should complete before submitting, and every requirement in it is linked to the FFIEC or CFPB document it comes from. The governing document for this cycle is the 2026 Filing Instructions Guide (FIG), which the FFIEC describes as the guide for "HMDA data collected in 2026" filed with the CFPB in 2027. Key Dates for the 2027 Filing Regulation C sets the annual deadline at March 1 following the calendar year the data…
HMDA Plus: What It Actually Changed in the LAR Workflow
The short version. If you have been told HMDA Plus is coming, the date is wrong by about a decade. It is the industry nickname for the expansion the CFPB proposed in 2014 and finalised on 15 October 2015, and most of it took effect on 1 January 2018. It is not a proposal you need to prepare for. It is the reason your LAR looks the way it does now. That matters more than a correction, because a good deal of the material still circulating about it is written in the future tense. If your process was built after 2018 you inherited the outcome without seeing the transition; if it was built before, some of the workarounds from that first filing season are probably still in it. Either way the useful question is not what HMDA Plus proposed. It is what it did to the workflow, and which of those…
How to Fix the 10 Most Common HMDA Edit Check Errors
Every year thousands of financial institutions rush to meet the March 1 HMDA filing deadline, and every year edit check errors slow them down. These validation failures range from simple data entry mistakes to logic conflicts between fields that need careful analysis to resolve. After helping institutions file HMDA data for nearly four decades we see the same ones appear again and again, and the pattern behind most of them is not carelessness but a mapping between an origination system and the LAR that was defined once and never revisited. Here is how to identify and fix the ten most common HMDA edit check errors before they delay your submission. Every edit number below is quoted from the FFIEC Filing Instructions Guide for 2026, which is linked at the end. If you would rather test a…
CFPB and DOJ Settle Redlining Claims Against Non-Depository Mortgage Companies Before Change in Administration
Why Redlining Risk Should Continue to Be a Focus During the Next Administration Guest analysis. This article was written by Richard Horn of Garris Horn LLP and first published on 20 January 2025. The first-person voice throughout is the author’s, not RATA’s. Primary sources for the two settlements it discusses are the CFPB enforcement action against Draper & Kramer Mortgage Corporation (17 January 2025) and the Justice Department’s settlement with The Mortgage Firm, Inc. (7 January 2025), with the case documents on the DOJ’s United States v. The Mortgage Firm page (S.D. Fla.). Facts from the CFPB's 17 January 2025 enforcement action and the Justice Department's 7 January 2025 and 10 October 2024 announcements, as cited in this article. …
CFPB, DOJ Order Trident Mortgage Company to Pay More Than $22 Million for Deliberate Discrimination Against Minority Families
Settlement is the first government resolution involving illegal discrimination by a nonbank mortgage lender Washington, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) and U.S. Department of Justice (DOJ) took action to end Trident Mortgage Company's intentional discrimination against families living in majority-minority neighborhoods in the greater Philadelphia area. The figures and allegations below are drawn from the CFPB enforcement action against Trident Mortgage Company, LP and the accompanying consent order, filed 27 July 2022 in the U.S. District Court for the Eastern District of Pennsylvania as case No. 2:22-cv-02936, together with the Justice Department announcement of the same date. The CFPB and DOJ allege Trident redlined majority-minority neighborhoods…
- 2026 HMDA Data: Your Filing Checklist for the March 1, 2027 Deadline
- How to Evaluate Fair Lending and CRA Software: What to Test Before You Sign
- How to Evaluate Fair Lending and CRA Software: What to Test Before You Sign
- HMDA Plus: What It Actually Changed in the LAR Workflow
- What a Fair Lending Exam Actually Asks For
- 2026 HMDA Data: Your Filing Checklist for the March 1, 2027 Deadline
- HMDA Plus: What It Actually Changed in the LAR Workflow
- How to Fix the 10 Most Common HMDA Edit Check Errors
- How to Evaluate Fair Lending and CRA Software: What to Test Before You Sign
- What a Fair Lending Exam Actually Asks For
- Fair Servicing: What Examiners Test in Servicing Data, and How to Test It First
- What Actually Counts as a Small Business Loan Under Section 1071
- Section 1071 in 2026: What Lenders Need to Know About Small Business Lending Data
- How to Evaluate Fair Lending and CRA Software: What to Test Before You Sign
- Special Report: Geocoding - Achieving the Highest Accuracy
