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Regulation B and HMDA – It does not have to be confusing

Question: 
As a HMDA reporter, can’t we ignore the demographic data collection required by Regulation B?
Answer: 

No, the demographic monitoring information required by Regulation B at 1002.13, while applying to specific transactions, has few exclusions than HMDA and covers more dwelling types. All creditors are affected. We will cover the details including recent changes.
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Learn more about Kathleen Blanchard’s webinar
HMDA Check Up – Laying the Groundwork for January 2018

First published on 11/12/2017

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