HMDA Peer Data for Peer2Peer using the Revised Race, Ethnicity and Sex Groupings for 2018-2021

The CFPB released specifications on GitHub in October 2020 regarding changes to the derived categorization of Race, Ethnicity and Sex groupings for reporting years 2018 and up. We made a minor change to address this in the Comply version 21.1 release which affects a small percentage of data for a very specific situation. This update corrects situations where previously, if someone classified themselves as 2-Asian and 24-Japanese, we would calculate that as 2 or more minority races. The new calculation would classify this as 2-Asian. The same goes for ethnicity sub-categories. Also, if someone classifies themselves as both male and female, the sex would be calculated as Joint.

We have now updated the HMDA peer data for use in Peer2Peer to use the same calculations. This data is now available on the support site to download and apply to your Comply system using the Import System Data button on the Comply Home ribbon. You only need to download and import this data if those particular fields are important to your analysis. Again, it only affects a small number of applications that meet a very specific situation.

For more information, the CFPB specifications can be viewed here:
https://github.com/cfpb/hmda-platform/wiki/Derived-FieldsCategorization-2018-Onward