The Home Mortgage Disclosure Act (HMDA) requires credit unions meeting certain criteria to compile and disclose mortgage loan application data.
Submission of 2024 HMDA Data. As a reminder, credit unions subject to HMDA data collection requirements in calendar year 2024 must submit their loan/application register data using the HMDA Platform by March 3, 2025. Starting January 1, 2025, HMDA reporters must login with a Login.gov account to access the HMDA Platform. Assistance on setting up a Login.gov account is available from the HMDA Quick-Reference Guide. Questions related to Login.gov may be submitted to Login.gov/Contact.
2025 HMDA Data Collection Requirements. You are subject to HMDA data collection requirements in calendar year 2025, if your credit union meets all the following four criteria:
- Your credit union’s total assets as of December 31, 2024, exceeded $58
- Your credit union had a home or branch office in a Metropolitan Statistical Area on December 31,
- Your credit union originated at least one home purchase loan (other than temporary financing such as a construction loan) or refinanced a home purchase loan, secured by a first lien on a one-to-four-unit dwelling during 2024.
- Your credit union originated at least 25 covered closed-end mortgage loans in each of the two preceding calendar years (2023 and 2024) or at least 200 covered open-end lines of credit in each of the two preceding calendar years (2023 and 2024).
If your credit union does not meet all four criteria, you are exempt from filing HMDA data for mortgage loan applications processed in calendar year 2025. Submissions for 2025 data are due by March 2, 2026.
Learn more about HDMA, including FAQs on filing, by going to the FFIEC Home Mortgage Disclosure Act page.