Getting HMDA Right in 1998
The FFIEC has released the 1998 edition of "A Guide to HMDA Reporting - Getting it Right!" The guide includes instructions for the new Y2K compliant software - entering the full four digits for the year rather than the last two. Agencies have provided copies to the institutions they regulate. Additional copies can be purchased for $5.00. Better yet, attend a school or conference at which a regulator will speak on HMDA and you'll probably a copy for free.
Copyright © 1998 Compliance Action. Originally appeared in Compliance Action, Vol. 3, No. 9, 7/98