QuestSoft is aware of the recent CFPB procedural rule to implement and clarify changes made to HMDA by the Regulatory Relief Bill S.2155. We are currently parsing the information and will be updating our software accordingly. How we intend to make the covered fields optional will be revealed when our programming is complete. We have already created an internal field reconciliation and identified the value of all exempt fields. Rest assured, our software will handle the rules appropriately. Please follow us on social media and visit our HMDA Headquarters in the coming weeks for the latest information. Thank you.
HMDA Frequently Asked Questions
Get comprehensive information on the upcoming CFPB HMDA rule changes and how QuestSoft is preparing for them.
S.2155 Regulatory Relief Study
In this white paper, QuestSoft examined the latest HMDA data to determine whether the new HMDA threshold adjustment would produce the benefits or dangers suggested by parties involved.
S.2155 Implementation Timeline
This timeline outlines all of the implementation dates for S.2155 and explains what is changing.
HMDA Survival Guide
Your ultimate guide for the CFPB 2018 HMDA changes! Get your free e-book here.
The CFPB HMDA Road Show Recordings
The QuestSoft team has been on the road educating customers on the new CFPB HMDA regulations. Now you can access this highly successful series On Demand as the last HMDA Road Show is made available to our entire customer base.
The Latest HMDA News
Check out the latest news on HMDA and other regulations from the QS News Desk!
Legal Entity Identifier (LEI)
Mortgage industry participants will need an LEI to comply with the Consumer Financial Protection Bureau’s (CFPB) Home Mortgage Disclosure Act (HMDA) requirements.
The HMDA Academy
QuestSoft is teaming up with Key Compliance Services, creators of the HMDA Academy, to provide one-stop training and coaching resources for the new HMDA regulations. The HMDA Academy and QuestSoft will get you ready for the revised HMDA rules and help with the current ones.
2018 Fall Compliance Webinar Series
This free 5-part webinar series will focus on current compliance issues facing lenders today. Topics will range from compliance in the digital era to S.2155 HMDA implementation.
Information on the most advanced HMDA collection and submission tool available.
Compliance TIMES Blog
Get insight on mortgage lending compliance news and opinions, and sign up for our newsletter focused on topics relevant to you.
2018 Compliance Insights
This e-book will give you a quick look into what regulations are changing, what may change and what you can do to reduce risk.